Japan International Cooperation Agency
Share
  • 日本語
  • English
  • Français
  • Espanol
  • Home
  • About JICA
  • News & Features
  • Countries & Regions
  • Our Work
  • Publications
  • Investor Relations
  • Home
  • News & Features
  • Press Releases
  • FY2018
  • Signing of Japanese ODA Loan Agreements with India: Contributing to inclusive and sustainable socioeconomic development in India through improvements to urban traffic conditions and support for dairy farmers

Press Releases

December 26, 2018

Signing of Japanese ODA Loan Agreements with India: Contributing to inclusive and sustainable socioeconomic development in India through improvements to urban traffic conditions and support for dairy farmers

photosigning ceremony

On December 21, the Japan International Cooperation Agency (JICA) signed loan agreements with the Government of India in Delhi to provide Japanese ODA loans of up to a total of 90.497 billion yen for two projects.

A summary of the two Japanese ODA projects provided by the loan agreements is as follows:

(1) Chennai Metro Project (Phase 2) (I) (loan amount: 75.519 billion yen)
(2) Project for the Dairy Development (loan amount: 14.978 billion yen)

Details for the projects are provided below.

(1) Chennai Metro Project (Phase 2) (I)
(a) Objective and Summary
The project will meet the growing traffic demand by constructing a mass rapid transit system from the center of Chennai in the southern state of Tamil Nadu to the suburbs, mitigating the traffic congestion and reducing traffic pollution toward regional development and an improved urban environment.

Japanese technology will be utilized in equipment provided for the project, such as tunnel boring machines, elevators, escalators, rails, signaling systems, automated fare collection systems, platform screen doors (half-height) and rolling stock.

(b) Executing Agency
Chennai Metro Rail Limited
Address: Poonamallee High Road, Koyambedu, Chennai 600-107, India
Phone: +91-44-2379-2149, fax: +91-44-2379-2202

(c) Planned Implementation Schedule
1. Completion of project: June 2027 – when all of the facilities are put into service
2. Issuing of letters of invitation for consulting services (including detailed design work): January 2019
3. Tender announcement of initial procurement package for international competitive bidding on project construction:
Procurement package title: Elevated Viaduct Package
Release date: April 2020

(d) JICA Contact Information
For further information about the procurement schedule, please contact the party listed below.
JICA India Office
Address: 16th Floor, Hindustan Times Building, KG Marg New Delhi 110-001, India
Phone: +91-11-4909-7000, fax: +91-11-4909-7001/7002/7003/7004

(2) Project for the Dairy Development
(a) Objective and Summary
The project will improve the access of farmers to modern distribution networks, upgrade dairy processing facilities and goods distribution infrastructure and enhance the capacity of dairy farmer cooperatives. These measures will increase the sales of milk and dairy products with the aim of increasing dairy farmer income.

(b) Executing Agency
National Dairy Development Board
Address: National Dairy Development Board, PB No. 40, Anand 388-001 Gujarat, India
Phone: +91-2692-260148, fax: +91-2692-260157
(c) Planned Implementation Schedule
1. Completion of project: November 2023 – when the loan disbursement is complete
2. Issuing of letters of invitation for consulting services (including project supervision): January 2019
3. Tender announcement of initial procurement package for international competitive bidding on project construction: No international competitive bidding is planned under the project.

Terms and Amounts of Loans

Project title Amount
(million yen)
Annual interest rate (%) Repayment
period
(years)
Grace
period
(years)
Procurement
Project Consulting services
Chennai Metro Project (Phase 2) (I) 75,519 0.2 0.01 40 12 Tied
Project for the Dairy Development 14,978 0.85 0.01 15 5 General untied

PAGE TOP

Copyright © Japan International Cooperation Agency