Delhi Metro Achieves Financial Closure For Remaining Three Phase 4 Corridors With Rs 4,309 Crore JICA Loan Support

The Delhi Metro Rail Corporation (DMRC) on Friday (4 April) confirmed financial closure for the remaining three corridors of its Phase 4 expansion, following the signing of a loan agreement between the Government of India and the Japan International Cooperation Agency (JICA).

The agreement, signed on 27 March 2025, secures the first tranche of funding 79,726 million Japanese Yen, equivalent to Rs 4,309.53 crore ensuring progress on the Inderlok–Indraprastha, Saket G Block–Lajpat Nagar, and Rithala–Narela–Nathurpur corridors.

Taking to X, DMRC posted, "DMRC has now achieved financial closure for the three remaining corridors of Phase 4… with the signing of the first tranche of loan agreement between Government of India and the Japan International Cooperation Agency (JICA) on 27th March 2025."

The corporation also stated that "with this development, the tendering work shall now gather pace, and construction activities will start subsequently."

DMRC said that JICA’s continued financial support for Delhi Metro has played a transformative role in the city’s mass transport infrastructure since the project’s inception.

This milestone follows another significant achievement earlier in March, when DMRC completed the deepest underground tunnel stretch of Phase 4 with a tunnel boring machine breakthrough at IGNOU station on the Aerocity–Tughlakabad corridor, also known as the Golden Line.

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