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In March 2006, the first Japanese ODA loan agreement was signed by JICA for BMRCL Phase 1.
Phase1 has an operational rail network of 42.3 Km(East-West line 18.1 Km and North-South line -24.2 Km) with 41 stations.
The ridership under Phase 1 is expected to increase from the present 0.45 million in 2020 to 4.0 million when Phase 2 begins to operate, a JICA statement said on Friday.
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JICA has been supporting the development of major metro projects in the country by providing funds and expertise, it said.
The cumulative loan amount provided by JICA for metro projects in India (including Delhi, Bengaluru, Chennai, Kolkata, Mumbai, and Ahmedabad) exceeds 1.3 trillion Japanese Yen (Rs 87,000 crore approximately), it was stated.