Government funding for Lucknow Metro Phase II

By Global Infrastructure Sherpa · Aug 12, 2025

Financing Transport announced Lucknow, India Aug 12, 2025

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. "Union Budget 2026-27 allocating ₹ 1,450 crore for the project, setting the stage for construction to begin in the coming months."

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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.