Second phase of Jaipur metro to follow PPP route

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Second phase of Jaipur metro to follow PPP route

This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.

The Jaipur Metro Rail Corporation (JMRC) is mulling the use of a public private partnership (PPP) to develop the phase II of the metro project in Jaipur, Rajasthan, India.

According to sources, several foreign firms are interested in the project and negotiations are underway. The interested companies are, among others:

  • The Construction Industry Development Board (CIDB) - Malaysia
  • Maglev Technology Inc - USA
  • China Civil Engineering Construction Corporation (CCECC)
  • Korea Rail Network Authority (KRNA)

Phase II (North-South Corridor), which is scheduled for completion in 2021, will be a 23 km metro line and will serve 20 stations. The line will connect Sitapura Industrial Area in the South to Ambabari in the North via Ajmeri Gate and MI Road. The tracks will be elevated between Sitapura and Ajmeri Gate and from there it will go underground.

The total investment for phase II is estimated at Rs100 billion (US$1.57 billion). It is expected that the state government provides 40% as viability gap funding to the preferred bidder while the remaining 60% is expected to be borne by the state government and the selected firm.

Construction on the mostly elevated part of the first line, called Phase 1A, comprising 9.63 km of route from Mansarovar to Chandpole Bazaar, started on 13 November 2010, and was completed in 2014. The project's commercial run was delayed first to early 2014, then to December 2014, and finally to April 2015. After receiving safety clearance from Commissioner of Metro Rail Safety (CMRS) in May 2015, Jaipur Metro began commercial service between Chandpole and Mansarovar on 3 June 2015.

The Jaipur Metro Rail system is India's sixth metro rail system. It is also touted as one of the fastest built metro systems in India.

List of country news

Country news

  • August 14, 2015

    Shapoorji Pallonji in largest infra refinancing deal in India

    Shapoorji Pallonji has raised Rs26.1 billion (US$402.6 million) through a bond market solution to refinance its Jammu - Udhampur highway concession in India. Read more
  • August 18, 2015

    Kerala, Adani Group sign concession agreement for Vizhinjam port PPP project

    The government of the state of Kerala, India, on Monday signed the concession agreement with Adani Group to build the Vizhinjam international container transhipment terminal on PPP model. Read more
  • August 18, 2015

    Bihar tenders cold storage under PPP Mode

    Infrastructure Development Authority, established by the Government of Bihar, has launched the tender process for the development of a cold storage on RDFOT (Renovate, Design, Finance, Operate And Transfer) basis under PPP Mode. Read more
  • August 26, 2015

    I Squared Capital Partners invests in roof solar power in India

    I Squared Capital, through its ISQ Global Infrastructure Fund, is pleased to announce an investment in Amplus Energy Solutions Private Limited, an owner and operator of distributed rooftop solar power in India. Read more
  • September 01, 2015

    Tender launched for Treatment / Processing Facility for Animal Carcass waste on PPP

    Vadodara Municipal Corporation, also called Vadodara Mahanagar Seva Sadan (VMSS), has launched a request for expression of interest (RFEOI) to develop a Treatment / Processing Facility for animal carcass waste on PPP in the city of Vadodara, India. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.