#1
13th April 2015, 10:50 AM
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Funding Pattern of DMRC
Can you tell what the funding pattern is for phase-III of DMRC or Delhi Metro Rail Corporation? Is the funding pattern renewed every year by DMRC? Who has the right to make a change in funding pattern in DMRC or Delhi Metro Rail Corporation?
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#2
16th August 2018, 11:31 AM
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Re: Funding Pattern of DMRC
Hello sir, I want to know that how funding is done in Delhi Metro Rail Corporation. Please give me funding pattern of Delhi Metro Rail Corporation?
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#3
16th August 2018, 11:32 AM
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Re: Funding Pattern of DMRC
The Delhi Metro Rail Corporation is provides funding pattern for implementation for projects. At Delhi Metro Rail Corporation the Funding was evident from the beginning that the timely availability of funds would be a key factor for the successful implementation of the project. The fund requirements were, therefore, planned well in advance and the sources of funds tied up before the real work began. In Phase I the Delhi Metro Rail Corporation Funding is Broadly speaking, about 60% of the project cost was financed by the Government of Japan by way of a soft loan through the Japan Bank for International Cooperation (JBIC), now called the Japan International Cooperation Agency (JICA). DMRC is owned equally by the Government of National Capital Territory of Delhi and the Government of India. As of March 2016, total debt stood at ₹291.5 billion (US$4.2 billion), while equity capital was ₹239.9 billion (US$3.5 billion). Cost of the debt is 0% for Union Government and Delhi Government loans and between 0.01% and 2.3% for Japan International Cooperation Agency (JICA) loans. Of the equity capital as of 31 March 2016, ₹193.1 billion (US$2.8 billion) is paid-up capital and rest is reserves and surplus. Delhimetro DELHI MRTS Cost & Funding Plan for Phase-I, II & III OG HRA ) COMPLETION COST OF PHASE - 1: 10,571 Crores COMPLETION COST OF PHASE - 2: 18,783 Crores -2.73% 16.39% 14.00% 7.00% 5.59% 0.59% 60.00% 14.00% 3.83% 54.47% 5.00% 16.39% FUNDING PLAN 60.00% JICA LOAN5.00% Interest free Subordinate debt towards Land Cost 14.00% GOI Equity7.00% Property Development 14.00% GNCTD Equity FUNDING PLAN54.47% JICA Loan (PTA by GOI) 16.39% GOI Equity 3.83% Interest free Subordinate debt for Land0.59% Grant by HUDA 5.59% DMRC Internal Accruals/Property Development 16.39% GNCTD Equity 2.73% Interest free Funding pattern of Delhi Metro Rail Corporation delhimetrorail.com/otherdocuments/funding.pdf |