Delhi Metro operations have been closed for the general public since March 22 in view of the COVID-19.
New Delhi:
The Centre has requested the Delhi Metro Rail Company to strategy the town authorities for monetary help for reimbursement of the gentle mortgage it had taken from Japan Worldwide Cooperation Company (JICA) for numerous initiatives.
The DMRC had obtained a complete mortgage of Rs 35,198 crore from JICA.
“We have now obtained such a communication from the ministry not too long ago. The identical is being examined and processed,” stated Anuj Dayal, Government Director, DMRC.
He responded to a question over studies that the Union Ministry of Housing and City Affairs has directed all metros to put in writing to their respective state governments for help concerning reimbursement of loans taken from exterior lending businesses.
The mortgage was given to the Delhi Metro at a concessional fee of curiosity various from 1.2 per cent to 2.three per cent, and was repayable in 30 years with a moratorium of 10 years.
Until now, the DMRC has repaid Rs three,337 crore to JICA, and the steadiness legal responsibility was of Rs 31,861 crore.
Delhi Metro operations have been closed for the general public since March 22 in view of the COVID-19 pandemic and measures taken to curb the unfold of the illness.
This closure of companies previously few months has led to a loss in income for the city transporter value round Rs 1,300 crore.
On Friday, sources stated, the DMRC has not but approached the Delhi authorities on the mortgage situation.
For monetary yr 2020-21, DMRC is required to pay Rs 1,242.83 crore (Rs 434.15 crore curiosity and Rs 808.68 crore principal) to the Centre in the direction of JICA mortgage for the mortgage.
The DMRC has paid Rs 79.19 crore on account of curiosity throughout this yr, and a steadiness of Rs 1,163.64 crore (Rs 354.96 cr curiosity and Rs 808.68 cr principal) is but to be paid in the course of the present monetary yr, sources stated.
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