Global Infrastructure SherpaGovernment funding for Lucknow Metro Phase II
USD5801M
Deal Value
11.16 MW
Capacity
construction
Stage
Lucknow Metro Phase II
Project
The Union Budget 2026-27 allocated ₹ 1,450 crore for the Lucknow Metro Phase II project, which has a total estimated cost of ₹ 5,801 crore. The project will be jointly funded by the Centre and the Uttar Pradesh government, with the remaining amount raised through bank loans.
Source Intelligence
KEY DETAILS
The Union Budget 2026-27 allocated ₹ 1,450 crore for the Lucknow Metro Phase II project. "The Centre’s contribution of ₹ 1,450 crore."
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Deal Size
The Phase II (Phase-1B) corridor will cover 11.16 km from Charbagh to Basant Kunj at an estimated cost of ₹ 5,801 crore.
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Capacity
The Phase II (Phase-1B) corridor will cover 11.16 km from Charbagh to Basant Kunj at an estimated cost of ₹ 5,801 crore.
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Location
The Phase II (Phase-1B) corridor will cover 11.16 km from Charbagh to Basant Kunj
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Financials
Of the total cost, ₹ 2,900 crore will come from loans, while ₹ 2,901 crore will be shared equally by the Centre and the state.
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Announcement
Published on: Feb 02, 2026 3:34 AM IST
PARTIES MENTIONED IN SOURCE
C
Centre
funder
"The project will be jointly funded by the Centre and the Uttar Pradesh government, with the remaining amount raised through bank loans."
U
Uttar Pradesh government
funder
"The project will be jointly funded by the Centre and the Uttar Pradesh government, with the remaining amount raised through bank loans."
high quality
Enriched Feb 19, 2026
Timeline
Announced
Aug 12, 2025
Signed
Closed
Counterparts (5)
funder
Government of Uttar Pradesh
The Government of Uttar Pradesh focuses on infrastructure development to improve connectivity, promo...
Uttar Pradesh government
The Uttar Pradesh government focuses on infrastructure development within the state, including trans...
Union Cabinet
The Union Cabinet of India is the supreme decision-making body of the executive branch of the Govern...
Government of India
The Government of India is actively involved in the development and management of infrastructure acr...
Market Context
This deal is part of the Transport sector in India.
110
Transport deals
156
deals in India
Source
www.hindustantimes.com
1 of 110 Transport deals tracked this month · Updated daily