MINISTER OF STATE IN THE MINISTRY OF RAILWAYS(SHRI BASANAGOUDA R. PATIL )
(a) to (d): A Statement is attached.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (d) OF UNSTARRED
QUESTION NO. 405 BY SHRI GUNIPATI RAMAIAH AND SHRI B. VENKATESHWARLU
TO BE ANSWERED IN LOK SABHA ON 04.12.2003 REGARDING RAIL PROJECTS
WITH ADB LOAN
(a): Yes, Sir. Asian Development Bank (ADB) has approved a loan of
US$ 313.6 million to finance the Rail Sector Improvement Project.
(b): The following four sub-projects have so far been appraised by
ADB for financing out of this loan.
Name of Project Amount
allocated
(in million US $)
Gooty-Pullampet Doubling 66.6
Keonjhar-Tomka of Daitari Banspani New Rail Link 37.7
Mahanadi second bridge. 18.0
Bhatapara-Urkura of Bilaspur-Urkura Third Line 30.9
(c): The loan amount as approved is US$ 313.6 million.
(d): External assistance is currently being utilized for the
following railway projects:
(i) World Bank (WB) is funding Mumbai Urban Transport
Project (MUTP), which has both rail and road components,
through a loan from the International Bank for Reconstruction
and Development (IBRD) of US$ 463.0 million (including
US$ 305 million for rail component) and a credit from
International Development Association (IDA) of US$ 79 million
(including US$ 60 million for rail component). The estimated
cost of rail component of this project is Rs. 3125 crores.
The loan has become effective on 6th November, 2002.
(ii) Kreditanstalt for Wiederafbau (KfW), Germany has extended
a loan of DM 185 million to finance the project of Modernisation
of Signalling between Ghaziabad and Kanpur. The estimated cost of
this project is Rs. 425 crores. The loan is valid up to 31.12.2006.