Home Patna Metro News Japan Will Loan 5400 Cr For Patna Metro:Patna Rail Metro

Japan Will Loan 5400 Cr For Patna Metro:Patna Rail Metro

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Patna Rail Metro

Japan Will Loan 5400 Cr For Patna Metro:Patna Rail Metro

Japan International Corporation (JICA) will provide a loan of Rs 5400 crore for the Patna Metro Rail project. This data has been given by Bihar Deputy Chief Minister Sushil Kumar Modi.

Modi said that Union City and Housing Affairs Minister Hardeep Singh Puri has assured him to supply a loan of Rs 5,400 crore at an reasonably priced fee for the Patna Metro venture from Japan’s Jika. Modi stated that on Monday at Delhi’s workplace in Puri, he urged that in a gathering with the Authorities of Japan this month, the tasks to be taken on precedence foundation and to get a mortgage for Patna Metro. In keeping with Modi, Puri stated, “He has an emotional attachment to Patna Metro. The Authorities of India will assist in each means for this venture.

It’s noteworthy that the Prime Minister had laid the foundation stone of the Patna Metro undertaking to be constructed at a price of Rs 13,365 crore recently. For this, an affordable loan of Rs 5,400 crore is to be taken from Jika of Japan. On this scheme, the Government of India will spend two thousand crore rupees and the Bihar authorities will spend Rs 5,390 crore of its stake. The East-Western and North-Southern Corridors are to be constructed in two phases. Modi stated that the Indian authorities has to this point offered Rs 50 crore and the Bihar government has offered Rs 100 crore. The soil testing for Patna Metro project has began.

Patna Metro Stations

Patna Metro work is being done in three Phase. Patna Metro Phase 1, Patna Metro Phase 2 , Patna Metro Phase 3. The Patna Metro Project based on Public Private Partnership.Patna Metro is an under construction rapid transit system for the city of Patna in Bihar, India.It would be owned and operated by state run Patna Metro Rail Corporation.It will be constructed on PPP mode, estimated to cost 13411.77 .

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