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India: Maharashtra Multi-Modal Corridor Package III Project

SUMMARY

STATUS
Proposed
MEMBER
India
SECTOR
Transport
E&S CATEGORY
Category A
PROJECT NUMBER
000359

FINANCING

PROPOSED FUNDING AMOUNT
USD359 million
FINANCING TYPE
Sovereign

TIMELINE

OBJECTIVE

To expand and improve the capacity and efficiency of the road transport network in the Mumbai Metropolitan Region (MMR).

DESCRIPTION

The Project consists of construction of 24.5 kms of at-grade and elevated limited-access, tolled expressway, including interchanges. The main carriageway will be 4 lanes in each direction with allowance for a future dual-track metro corridor in the median, and a 2-lane service road on each side.

ENVIRONMENTAL AND SOCIAL INFORMATION

The Environmental and Social Policy (ESP), including the Environmental and Social Standards (ESS) and Environmental and Social Exclusion List (ESEL) are applicable to the proposed Project. The Bank’s Environmental and Social Standard (ESS) 1 (Environmental and Social Assess) and ESS 2 (Involuntary Resettlement) will be applicable. Applicability of ESS 3 (Indigenous Peoples) will be assessed during the preparation of the Project.

The Project has been assigned Category A based on anticipated environmental and social (ES) risks and impacts that may be significant, such as impacts related to the ecosystem, land acquisition, and physical and economic displacement. The Environmental Impact Assessment (EIA) is being prepared for the whole corridor by the Maharashtra Metropolitan Development Authority (MMRDA) to obtain the environmental clearance from the local authorities.

An EIA including the Environmental and Social Management Plan (ESMP) and Social Impact Assessment (SIA) including the Resettlement Planning Framework (RPF) will be prepared and disclosed for the section funded by the Bank, as per the Bank’s ESP. The Resettlement Plan will be prepared and disclosed at the time of Project Appraisal.

The remaining sections (other than the section financed by AIIB) for Phase I will be financed by the New Development Bank and the Asian Development Bank and will be considered as associated facilities to the Project. The Bank will conduct due diligence of the associated facilities based on the EIA and SIA prepared by the Client for the entire corridor. Coordination with the other lenders will be established, as appropriate, during the preparation and implementation of the Project.

Information disclosure and consultation activities commenced in 2017 while the Client prepared the EIA. Public Consultation, as required by the Bank’s ESP, will be conducted in phases, to support the finalization of the EIA, ESMP, SIA and the RPF. Stakeholder engagement and consultation activities will be planned in line with the restrictions due to COVID-19 outbreak. The draft English versions of EIA, ESMP, SIA and RPF, as well as the Marathi version of the Executive Summaries of the EIA, ESMP, SIA and RPF, will be posted on the MMRDA’s and the AIIB’s websites and made available in hard copy in the Project area.

A multi-tier Project-level Grievance Redress Mechanism (GRM) will be established for resettlement and compensation-related grievances, as well as those related to general ES impacts and mitigation measures.

PROJECT TEAM LEADER

Andres Pizarro

Senior Investment Operations Specialist – Transport

andres.pizarro@aiib.org

 

BORROWER

Dr. Prasanna V. Salian

Deputy Secretary, Department of Economic Affairs, Ministry of Finance, Government of Republic of India

pv.salian@nic.in

 

IMPLEMENTING ENTITY

Shri. R. A. Rajeev, IAS

Metropolitan Commissioner
Mumbai Metropolitan Regional Development Authority

mc@mailmmrda.maharashtra.gov.in

 

PROJECT DOCUMENTS

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