The Union Government and Japan International Cooperation Agency (JICA) have signed the first tranche of loan agreement worth Rs 43.09 billion for the commencement of tendering process of the Rithala-Kundli corridor, Lajpat Nagar – Saket G Block Corridor and Inderlok – Indraprashta corridor under the Delhi metro project phase IV.
Delhi metro project phase IV involves development of 112.4 km long metro rail network comprising six corridors with an investment of Rs 468 billion. The three corridors to be developed on priority basis are Maujpur-Mukundpur (12.31 km), Janakpuri West-RK Ashram (29.26 km) and Aerocity-Tughlakabad (23.62 km). Whereas the other three corridors approved in 2024 by the central government are Inderlok-Indraprastha (12.37 km), Lajpat Nagar-Saket G Block (8.38 km) and Rithala-Narela-Kundli (26.46 km).