The Jaipur Metro Rail Corporation will shortly obtain loan worth Rs.969 crore from the Asian Development Bank for completion of work on a portion of its corridor in the Walled City here. The first phase connecting the Mansarovar residential colony with Chandpole is likely to start by July next year.

JMRC Chairman & Managing Director Nihal Chand Goyal said during an interaction with an ADB team, currently on a visit to Jaipur, that the loan would be utilised for completion of Phase 1-B between Chandpole and Badi Chaupad. Land needed for laying of rail tracks has been acquired and the displaced people have been rehabilitated, he said.