BMR (EIB-AIIB)


Basic Information

  1. Name of the Project: Bangalore Metro Rail Project – Line R6
  2. Alternative Names: Bangalore Metro Rail Project (BMR)
  3. Project Location: Bangalore (Bengaluru), Karnataka, India
  4. Detail of Infrastructure: Gottigere to Nagavara Metro Rail Line Construction (7.385 km elevated and 13.2 km underground tunnel)
  5. Geographic Position:
  6. Length: 72 km (Phase-II) 
  7. Project Number: AIIB: 000038 | EIB: 2016-0816
  8. Land Acquisition: 144.80 Acres (58.6 Hectares: 33 hectares from BMRCL, 22.4 hectares from private owners and 3.2 hectares from public entities) 
  9. Number of Displaced Persons: 1,950 Households
  10. Project Period: 4 Year 4 Month (1 September 2017 -31 December 2021)
  11. ESF Category: A (High Risk)
  12. Sector of Investment: Transport/Urban Rail

Executing Agencies

  1. Implementing Agency: (i) Bangalore Metro Rail Corporation Limited (BMRCL) and (ii) Bengaluru Metropolitan Transport Corporation (BMTC)
  2. Sponsor: (i) Ministry of Housing and Urban Affairs, Government of India (GOI) and (ii) Ministry of Transport, Government of Karnataka (GOK)
  3. Financier: (i) European Investment Bank (EIB); (ii) Asian Infrastructure Investment Bank (AIIB); (iii) Government of India (GOI); and (iv) Government of Karnataka (GOK) 
  4. EPC Contractor: (i) Afcons Infrastructure Limited (Route-1), a subsidiary of Shapoorji - Pallonji Group, India and (ii) ITD Cementation India Limited (Route-4), a subsidiary of Italian - Thai Development Public Company Limited, Thailand 
  5. O&M Engineering Consultant: Bangalore Metro Rail Corporation Limited (BMRCL)
  6. Insurance Company: Undisclosed
  7. ESIA Consultant: Bangalore Metro Rail Corporation Limited (BMRCL)
  8. ES Monitoring Consultant: Undisclosed

Financing

  1. Total Budget: USD 1,785.00 million
  2. European Investment Bank (EIB): Euro 500.00 Million (33%) (Tranche 1: € 300 million (US$ 350 million) (20%) | Tranche 2: € 200 million (US$ 233 million) (13%)
  3. Asian Infrastructure Investment Bank (AIIB): USD 335.00 Million (19%)
  4. Government of India: US$ 255 million (14%)
  5. Government of Karnataka: US$ 612 million (34%)

Conditions of Loan

  • AIIB: Sovereign Loan: Maturity of 15 years, including a grace period of 5 years, at the Bank's standard interest rate for sovereign-backed loans
  • EIB: Sovereign Loan: Maturity of 20 years, including a grace period of 4 years.

Important Dates

  1. Trilateral MOU Signed (AIIB-EIB-GOK): 24 Feb 2017
  2. Concept Approved by AIIB: 03 Jul 2017
  3. RPF Publication by EIB: 07 Jul 2017
  4. ESDS Publication by EIB: 17 Jul 2017
  5. Appraisal Approved by AIIB: 15 Sep 2017
  6. Agreement Signed with EIB (1st tranche): 5 Oct 2017
  7. Project Approval by EIB:
  8. Project Approval by AIIB: 08 December 2017
  9. Project Document Published by AIIB: 20 November 2017
  10. EIA Study Report (Final) Published: May 2017
  11. EIA Report (for AIIB & EIB): August 2017
  12. Agreement Signed with EIB (2nd tranche):28 Sep 2018
  13. Loan Closing Date: AIIB - 30 June 2022

Important Documents

  1. Environmental and Social Impact Assessment (ESIA) Report
  2. ESIA Report (Annex)
  3. Environmental and Social Action Plan (ESAP)
  4. Environmental and Social Management Plan (ESMP)
  5. Gender Action Plan (GAP)
  6. Resettlement Plan (ISP)

Project Objective

To provide efficient and high capacity north-south connectivity through the center of Bangalore by expanding the city’s metro system.

Major Activities under the Project

  1. Construction of 7.5 km of elevated viaduct and 6 elevated stations;
  2. Construction of 14.5 km of underground tunnels and 12 underground stations;
  3. Construction of a depot; and
  4. Creation of a tunnel ventilation system and environment control system.

Project Components

  1. Construction of Elevated Viaduct and Stations: The component con-sists of 7.5 km of elevated metro section and 6 elevated stations.
  2. Construction of Underground Section Tunnel and Stations: The component consists of 14.5 km of underground metro line and 12 underground stations.
  3. Construction of Depot: The component consists of a maintenance depot for the Reach 6 line at Kothanur, to be constructed in an area of about 16 hectares.
  4. Tunnel Ventilation System (TVS) and Environmental Control System (ECS): The component consists of supply, installation, testing and commissioning of TVS and ECS for the underground section and stations.
  5. AFC, Land Acquisition, OCC, Rolling Stock, Signaling, Track etc. (Financed by the Government)

Project Contact Persons

  1. AIIB: Soon-Sik Lee, Senior Investment Operations Specialist (Project Team Leader)
  2. EIB:

Media Reports

  1. 06 Feb 2020: As BMRCL prepares to go underground, here’s a sobering thought: Bangalore Mirror
  2. 03 Feb 2020: Will suburban rail reach Bengaluru airport ahead of Namma Metro?: Times of India
  3. 29 Jan 2020: Did Namma Metro reverse-engineer CMP for Centre’s funding?: Citizen Matters
  4. 26 Jan 2020: Delay in NICE land acquisition won’t affect our deadline - BMRCL: The Hindu
  5. 25 Jan 2019: Bengaluru: Dead lines of Namma Metro: Deccan Herald
  6. 24 Jan 2020: As new Namma Metro lines stumble, old problems resurface: Deccan Herald
  7. 23 Jan 2020: Bengaluru metro moves a step closer to airport connectivity: Deccan Chronicle
  8. 22 Jan 2020: Dreaded developmental project begins to take shape: News09
  9. 09 Dec 2019: CM promises 300-km Bengaluru metro network by 2025: Deccan Herald
  10. 29 Sep 2019: BMRC Plans to Run Trains on Phase 2 Corridors through Private Operators: Urban Transport News
  11. 28 Sep 2019: Bengaluru: Land hurdles may further delay Namma Metro Phase 2: Times of India
  12. 27 Sep 2019: BMRCL to finalise 2 firms for Red Line Underground Section: Times of India
  13. 26 Sep 2019: Afcons Infra and ITD Cementation bags Bangalore Metro Phase II Contracts: Urban Transport News
  14. 18 Sep 2019: Namma Metro: BMRCL considers increasing outsourcing for Phase 2: The Hindu
  15. 14 Sep 2019: Karnataka mulls Mumbai-like ‘war room’ to speed up Namma Metro Work: Times of India
  16. 10 Sep 2019: CM Yeddyurappa's deadline for 'Namma Metro' unlikely to be met: The New Indian Express
  17. 29 Jul 2019: Protest at All Saints church: Deccan Herald
  18. 06 Jun 2019: Bangalore Metro Rail signs $335-mn loan deal with AIIB: The Hindu (Business Line)
  19. 06 Oct 2017: India: Record EIB loan - EUR 500m for Bangalore Metro: European Investment Bank (EIB)