Funding

It 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.
Phase I : 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).

The Central Government and the State Government jointly financed 28% of the project cost through
equity contributions in addition to providing a subordinate loan to cover the cost of land acquisition
which roughly worked out to 5% of the project cost. The balance 7% funds were internally generated
through

property

development.

Phase II : For the second phase of Metro construction, the JICA loan has contributed 54.47 percent of
the funding. While the equity from the Governments of India and Delhi increased to 16.39 percent
each. For the construction of the Airport Express link, 39 percent was contributed by the governments
of India and Delhi and 46 percent by the concessionaire as this was the first ever project of the Delhi
Metro on the public-private partnership model. For the extension of the Delhi Metro to Gurgaon in
Haryana and NOIDA in Uttar Pradesh, the respective state governments contributed 58 percent each.
The

total

cost

of

phase

is

18,783

crores

(US$

3.2

Billion)

approximately.

Phase III: The total estimated expenditure for Phase III expansion is ` 41,079 crores. JICA is going to
provide 48.57 percent of the total fund requirement while the Government of India and the
Government of Delhi will pay 10.04 percent each. The expenditure for the expansion of Metro to
Faridabad
Garden

is

`
in

2492

crores
NOIDA

and

the

Metro
will

corridor
cost

from

Kalindi
`

Kunj
894

to

Botanical
crores.

Introduction
For implementation and subsequent operation of Delhi MRTS, a company under the name DELHI
METRO RAIL CORPORATION was registered on 03-05-95 under the Companies Act, 1956. DMRC
has equal equity participation from GOI and GNCTD.
Structure

Chairman

Managing Director

Total No. of Directors - 17 (Including Chairman)

Nominee of Govt. of India - 5

Nominee of Govt. of NCTD - 5 (Including MD)

No. of full-time functional Directors at present including MD - 8

The corporate office of the company is located at Metro Bhawan, Fire Brigade Lane,
Barakhamba Road New Delhi - 110001, India

About Delhi Metro

The Delhi Metro has been instrumental in ushering in a new era in the sphere of mass urban
transportation in India. The swanky and modern Metro system introduced comfortable, air conditioned
and eco-friendly services for the first time in India and completely revolutionized the mass
transportation scenario not only in the National Capital Region but the entire country.
Having constructed a massive network of 213 Km with 160 stations in record time, the DMRC today
stands out as a shining example of how a mammoth technically complex infrastructure project can be
completed

before

time

and

within

budgeted

cost

by

Government

agency.

The Delhi Metro Rail Corporation Limited (DMRC) was registered on 3 rd May 1995 under the
Companies Act, 1956 with equal equity participation of the Government of the National Capital
Territory of Delhi (GNCTD) and the Central Government to implement the dream of construction and
operation

of

world-

class

Mass

Rapid

Transport

System

(MRTS).

The DMRC opened its first corridor between Shahdara and Tis Hazari on 25 th December, 2002.
Subsequently, the first phase of construction worth 65 kilometres of Metro lines was finished two years
and nine months ahead of schedule in 2005. Since then the DMRC has also completed the
construction of another 125 kilometres of Metro corridors under the second phase in only four and a
half

years.

Presently, the Delhi Metro network consists of about 213 Km with 160 stations along with six more
stations of the Airport Express Link. The network has now crossed the boundaries of Delhi to reach
NOIDA

and

Ghaziabad

in

Uttar

Pradesh,Gurgaon

and

faridabad

in

Haryana.

The Airport Express link between the Indira Gandhi International Airport and New Delhi has now
propelled Delhi to the league of global cities which have high speed rail connectivity between the city
and

the

airport.

The DMRC today has 216 train sets of four, six and eight coaches. More than a hundred trains of six
coach configuration and over 60 trains of eight coach configuration are currently operational.
The Delhi Metro has also contributed tremendously on the environment front by becoming the first
ever railway project in the world to claim carbon credits for regenerative braking. DMRC has also been
certified by the United Nations (UN) as the first Metro Rail and Rail based system in the world to get
carbon Credits for reducing Green House gas emissions as it has helped to reduce pollution levels in
the

city

by

6.3

lakh

tons

every

year

thus

helping

in

reducing

global

warming.

It has also set up roof top solar power plants at many of its stations. All stations of the presently under
construction corridors are being constructed as green buildings. In the present phase of Delhi Metros
construction, the DMRC is in the process of building another 160 kilometres of Metro lines which will
weave a web of Metro corridors along the citys Ring Road besides connecting with many other
localities

in

NOIDA,

Ghaziabad

and

Bahadurgarh.

Apart from providing Delhites with a comfortable public transport option, the Delhi Metro is also
contributing significantly towards controlling pollution as well as reducing vehicular congestion on the
roads. According to a study, Delhi Metro has helped in removing about 3.9 lakh vehicles from the
streets of Delhi.

Top Management

Dr. MANGU SINGH

MANAGING DIRECTOR, DMRC

Board of Directors of DMRC

Full Time Functional Directors Of DMRC