Union Cabinet Approves ₹13,038 Crore Jaipur Metro Phase 2 Project
Union Cabinet approves Rs 13,038-crore Jaipur Metro Phase 2 project – check route
The Indian Express
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The Union Cabinet of India has approved the ₹13,038 crore (approximately $1.57 billion USD) Jaipur Metro Phase 2 project, aimed at enhancing urban mobility and reducing traffic congestion. The 41-km route will connect Prahladpura to Todi Mod and include 36 stations, with significant integration into the existing metro network.
- 01The project is expected to improve connectivity and reduce traffic congestion in Jaipur.
- 02It will feature a 41-km route with 36 stations, primarily elevated.
- 03The project aligns with Rajasthan's sustainable urban transport objectives.
- 04Funding will come from both the Government of India and the Government of Rajasthan.
- 05Phase 1 of the metro has an average daily ridership of around 60,000 passengers.
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The Union Cabinet of India has approved the ₹13,038 crore (approximately $1.57 billion USD) Jaipur Metro Phase 2 project, which aims to enhance urban mobility and alleviate traffic congestion in Jaipur, Rajasthan. This phase will extend the metro network by 41 kilometers, connecting Prahladpura to Todi Mod and incorporating 36 stations, of which 34 will be elevated and 2 will be underground. The project is designed to integrate seamlessly with the existing Phase 1, which runs from Mansarovar to Badi Chaupar and has an average daily ridership of around 60,000 passengers. The project aligns with the Rajasthan Transit-Oriented Development (TOD) Policy-2025 and aims to meet national sustainable urban transport objectives. Funding will be structured through equity support from both the Government of India and the Government of Rajasthan, alongside subordinate debt and multilateral financing, ensuring the project's economic viability with an Economic Internal Rate of Return (EIRR) exceeding 14%.
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The Jaipur Metro Phase 2 project will significantly improve public transport options, reduce traffic congestion, and lower vehicular emissions in Jaipur, enhancing the daily commute for residents.
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