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    Referenz: 20220637
    Veröffentlichungsdatum: 23 Oktober 2023

    Projektträger – zwischengeschaltetes Finanzinstitut

    RAIL INFRASTRUCTURE DEVELOPMENT COMPANY (KARNATAKA) LTD

    Ort

    Beschreibung

    The project will co-finance the construction of a new suburban railway network with 58 stations covering 4 dedicated rail corridors in Bangalore, spanning approximately for 149 km in total length.

    Additionality and Impact

    The project concerns the construction of a new suburban railway network in the greater Bangalore Metropolitan Area, comprising 4 interconnected rail corridors (of 149km length) incl. 58 stations and 2 depots. The project will upgrade public transport supply, connecting the city of Bangalore with suburbs and satellite townships.

    By supporting the shift of traffic to a more sustainable transport mode, the project will reduce negative externalities of road traffic (noise and air pollution, greenhouse gas emissions, road accidents and congestion), improving travel times and costs. By providing safe and affordable

    transport to more vulnerable groups, e.g. people with reduced mobility and women, further benefits are unlocked, for example more egalitarian access to jobs and study opportunities. The project contributes to a wide range of Sustainable Development Goals (SDGs), most notably climate change mitigation (viz. SDG 13) and urban infrastructure improvement (viz. SDGs 9 & 11). The project is aligned to the EU's Global Gateway and carried out under the Team Europe Flag. The project is consistent with the EU Country Strategy Paper for India (2018), the EU-India Strategic Partnership: A Roadmap to 2025, India's National Urban Transport Policy (2014) and Bangalore's own comprehensive Mobility Plan (2020). The project benefits from EIB's advantageous long-term funding, as well as the raising of social and environmental standards and technical advice.

    Ziele

    The aim is to contribute to the sustainable development of the Bangalore metropolitan region through low carbon and climate resilient urban infrastructure and improved access. The new suburban railway network will also improve the business environment for private sector development and facilitate access to amenities and jobs. The project is in line with the EU Country Strategy Paper for India which highlights the infrastructure gap and need to address rising greenhouse gas emissions. It supports two main objectives of EIB External Mandate: (i) climate change mitigation, by promoting modal shift from road to rail while reducing greenhouse gas emissions, and (ii) social and economic infrastructure development, by contributing to urban development.

    Sektor(en)

    Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

    EUR 300 million

    Gesamtkosten (voraussichtlicher Betrag)

    EUR 1579 million

    Umweltaspekte

    In India, metro projects do not fall within the scope of the relevant Environmental Impact Assessment (EIA) legislation unless the built up area is beyond a defined threshold, in which case the project is subject to screening by the State level Competent Authority. The status of screening, if any, is to be determined during appraisal. The project has in any case been subject to an environmental and social impact assessment. The further steps in assessing and managing environmental risks are to be reviewed during appraisal. Compliance with relevant EIB Social Standards is to be reviewed.

    Auftragsvergabe

    The promoter has to ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.

    Projektstatus

    Unterzeichnet - 14/06/2024

    Milestone
    In Prüfung
    Genehmigt
    Unterzeichnet
    8 Mai 2024
    14 Juni 2024

    Haftungsausschluss

    Bis Finanzierungen vom Verwaltungsrat genehmigt und anschließend unterzeichnet werden, befinden sich die Projekte in der Prüfungs- oder Verhandlungsphase. Die Angaben auf dieser Seite sind daher unverbindlich.
    Sie dienen lediglich der Transparenz und stellen nicht die offizielle EIB-Politik dar (vgl. auch die erklärenden Anmerkungen).

    Tags

    Indien Verkehr