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signing ceremony

On July 25, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of India in Delhi to provide Japanese ODA loan of up to a total of 100,000 million yen for the Project for the Construction of Mumbai-Ahmedabad High Speed Rail (III).

This project aims to develop a high-frequency mass transportation system by constructing a high-speed rail along an approximately 500-km section between Mumbai in Maharashtra and Ahmedabad in Gujarat. The project will improve the efficiency of the transportation network in the region and contribute to the broad economic development of the target area, thereby contributing to SDGs Goals 8 (Decent work and economic growth), 9 (Industry, innovation and infrastructure), 11 (Sustainable cities and communities), and 13 (Climate action).

1. Terms and Amounts of Loans

Project title	Amount (million yen)	Annual interest rate (%)		Repayment period (years)	Grace period (years)	Procurement
		Project	Consulting services
Project for the Construction of Mumbai-Ahmedabad High Speed Rail (III)	100,000	0.1	0.1	50	15	Tied

2. Executing Agency
National High Speed Rail Corporation Limited
Address: 2nd FLOOR, ASIA BHAWAN, Road NO-205, Dwarka Sector 9, New Delhi, Delhi 110077
TEL: +91-11-2807-0000/01/02/03/04、Fax:+91-11-2807-0150

3. Planned Implementation Schedule
1)Completion of project: Timing of the opening is under discussion between the Government of India and the Government of Japan.
2)Issuing of letters of invitation for consulting services (including construction supervision): Already hired
3)Tender announcement of initial procurement package for international competitive bidding on project construction: Already contracted
4. 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, K.G. Marg New Delhi, 110001, India
Phone: +91-11-4909-7000, fax: +91-11-4909-7001/7002/7003/7004

• Ex-ante evaluation