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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    India : € 500,000,000
    Transport : € 500,000,000
    Signature date(s)
    28/09/2018 : € 200,000,000
    5/10/2017 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    19 May 2017
    Status
    Reference
    Signed | 12/10/2017
    20160816
    Project name
    Promoter - financial intermediary
    BANGALORE METRO RAIL PROJECT - LINE R6
    BANGALORE METRO RAIL CORPORATION LTD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    EUR 1634 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of a 23km metro line and purchase of a fleet of about 96 metro cars in Bangalore, Karnataka, in southern India

    The proposed operation will be extended under the Own Risk Facilities (ORF), Climate Action and Environmental Facility (CAEF) for the 2014-2016 period. The project will contribute to the two main objectives of the EIB's External Mandate: (i) climate change mitigation, by promoting modal shift from road to rail and thereby a reduction of greenhouse gas (GHG) emissions; and (ii) the development of social and economic infrastructure by making a key contribution to urban development. The project is consistent with the EU Country Strategy Paper for India which highlights the infrastructure gap and need to address rising GHG emissions. The project is consistent with the National Urban Transport Policy 2006 and Bangalore Revised City Masterplan to 2031.

    Environmental aspects
    Procurement

    If situated in the EU, the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive and would therefore be subject to screening by the competent authority to determine whether a full EIA procedure should be undertaken. The federal competent authority has screened the project out in accordance with domestic legislation. The project has been subject to an initial environmental assessment and the further steps in assessing and managing environmental risks will be reviewed during appraisal. The project will require the acquisition of about 50ha of land and will entail permanent involuntary resettlement of some households/businesses as well as generate some temporary road traffic disruption. Compliance with relevant EIB social standards will be reviewed.

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

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Resettlement Action Plan (RAP) - BANGALORE METRO RAIL PROJECT - LINE R6 - Resettlement Policy Framework
    Publication Date
    7 Jul 2017
    Document language
    Main Topic
    Lending
    Document Number
    76857397
    Document Focus
    Environmental Information
    Project Number
    20160816
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - BANGALORE METRO RAIL PROJECT - LINE R6
    Publication Date
    18 Jul 2017
    Document language
    Main Topic
    Lending
    Document Number
    75025126
    Document Focus
    Environmental Information
    Project Number
    20160816
    Sector(s)
    Countries
    Publicly available
    Download now
    Resettlement Action Plan (RAP) - BANGALORE METRO RAIL PROJECT - LINE R6 - Social Impact Assessment and Resettlement Plan for Reach 6
    Publication Date
    11 Jun 2021
    Document language
    Main Topic
    Lending
    Document Number
    141776212
    Document Focus
    Environmental Information
    Project Number
    20160816
    Sector(s)
    Countries
    Publicly available
    Download now
    Resettlement Action Plan (RAP) - BANGALORE METRO RAIL PROJECT - LINE R6 - Supplementary Resettlement Action Plan for Lakkasandra squatters
    Publication Date
    11 Jun 2021
    Document language
    Main Topic
    Lending
    Document Number
    141783814
    Document Focus
    Environmental Information
    Project Number
    20160816
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BANGALORE METRO RAIL PROJECT - LINE R6 - Addendum to Environmental Impact Assessment
    Publication Date
    13 Jul 2021
    Document language
    Main Topic
    Lending
    Document Number
    143755173
    Document Focus
    Environmental Information
    Project Number
    20160816
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BANGALORE METRO RAIL PROJECT - LINE R6 - Environmental Impact Assessment
    Publication Date
    24 Aug 2021
    Document language
    Main Topic
    Lending
    Document Number
    143756287
    Document Focus
    Environmental Information
    Project Number
    20160816
    Sector(s)
    Countries
    Publicly available
    Download now

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    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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