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    Signature(s)

    Amount
    € 450,000,000
    Countries
    Sector(s)
    India : € 450,000,000
    Vervoer : € 450,000,000
    Signature date(s)
    15/12/2023 : € 200,000,000
    22/12/2021 : € 250,000,000
    Link to source

    Summary sheet

    Release date
    14 June 2021
    Status
    Reference
    Signed | 22/12/2021
    20200796
    Project name
    Promoter - financial intermediary
    AGRA METRO RAIL PROJECT
    UTTAR PRADESH METRO RAIL CORPORATION LTD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 450 million
    EUR 908 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the construction of two interconnected urban metro rail lines, in aggregate 30 km long with 27 stations and the acquisition of the related rolling stock, in the historic city of Agra, in the state of Uttar Pradesh in Northern India.

    Agra's new metro will make the city greener, safer and more business-friendly. The project will contribute to the two main objectives of the Climate Action and Environment Facility (CAEF): (i) climate change mitigation, by promoting modal shift from road to rail and thereby a reduction of greenhouse gas emissions; and (ii) the development of social and economic infrastructure by making a key contribution to urban development, thereby improving the business environment for private sector development and facilitating access to amenities and jobs. The project is consistent with the EU Country Strategy Paper for India (2018), which highlights the infrastructure gap, including in transport, and the need to address rising greenhouse gas emissions. The EU-India Strategic Partnership: A Roadmap to 2025 further emphasises collaboration between India and EIB in the field of Indian urban transport. In addition, the operation will contribute to achieving India's Paris Alignment targets and the voluntary commitment made by the Indian government under the United Nations Framework Convention on Climate Change to reducing the greenhouse gas intensity of GDP. The project will contribute to achieving SDG 13 (climate action), SDG 11 (sustainable cities and communities) and infrastructure (SDG 9). It is expected to contribute indirectly to other goals.

    Additionality and Impact

    The project concerns the construction of two interconnected urban metro rail lines of 30kms and 27 stations in the historic city of Agra, in the state of Uttar Pradesh in Northern India. 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 also to more vulnerable groups, such as people with reduced mobility and women, further benefits are unlocked, for example more egalitarian access to jobs and study opportunities. The project helps to fulfil a wide range of Sustainable Development Goals (SDGs) that are shared by the strategic allies EU and India, and globally, such as climate change mitigation (viz. SDG 13) and urban infrastructure improvement (viz. SDGs 9 & 11). 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 (2006, updated in 2014) and Agra's own Comprehensive Mobility Plan (2018). The project benefits from EIB's advantageous funding terms, as well as sector knowledge and high standards.

    Environmental aspects
    Procurement

    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.

    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) - AGRA METRO RAIL PROJECT - Resettlement Policy Framework
    Publication Date
    12 Nov 2021
    Document language
    Main Topic
    Lending
    Document Number
    151009579
    Document Focus
    Environmental Information
    Project Number
    20200796
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - AGRA METRO RAIL PROJECT - Heritage Impact Assessment
    Publication Date
    12 Nov 2021
    Document language
    Main Topic
    Lending
    Document Number
    150859585
    Document Focus
    Environmental Information
    Project Number
    20200796
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - AGRA METRO RAIL PROJECT
    Publication Date
    12 Nov 2021
    Document language
    Main Topic
    Lending
    Document Number
    150838497
    Document Focus
    Environmental Information
    Project Number
    20200796
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - AGRA METRO RAIL PROJECT
    Publication Date
    21 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    143780383
    Document Focus
    Environmental Information
    Project Number
    20200796
    Sector(s)
    Countries
    Publicly available
    Download now
    Resettlement Action Plan (RAP) - AGRA METRO RAIL PROJECT
    Publication Date
    15 Nov 2023
    Document language
    Main Topic
    Lending
    Document Number
    182737112
    Document Focus
    Environmental Information
    Project Number
    20200796
    Sector(s)
    Countries
    Publicly available
    Download now
    Stakeholder Engagement Plan (SEP) - AGRA METRO RAIL PROJECT
    Publication Date
    15 Nov 2023
    Document language
    Main Topic
    Lending
    Document Number
    182740068
    Document Focus
    Environmental Information
    Project Number
    20200796
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - AGRA METRO RAIL PROJECT - Environmental and Social Management Plan ESMP
    Publication Date
    9 Jan 2024
    Document language
    Main Topic
    Lending
    Document Number
    186780991
    Document Focus
    Environmental Information
    Project Number
    20200796
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    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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