The ministry of finance is in talks with the Japan International Cooperation Agency (JICA) and the World Bank to raise around $3 billion for funding the second Regional Rapid Transit System (RRTS) planned between Delhi and Alwar.
The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex (Shahjahanpur, Neemrana, Behror). The first RRTS between the Delhi-Ghaziabad-Meerut is already under implementation. "For the second corridor between Delhi and Alwar, it is already in the rolling plan of JICA. The ministry of