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Date: 2026-01-30Category: Not ApplicableState: Uttar PradeshCountry: India
आगरा मेट्रो परियोजना हेतु यूरोपियन इंवेस्टमेंट बैंक (ईआईबी) से प्राप्त वाह्य ऋणों के भुगतान संबंधी शासनादेश दिनांक 09.10.2025 के निरस्तीकरण के संबंध में।
**Executive Summary**
This document, issued by the Uttar Pradesh Government on January 30, 2026, pertains to the external loans obtained from the European Investment Bank (EIB) for the Agra Metro project. It addresses the adjustment of funds related to the EIB loan repayment and the cancellation of a previously issued Government Order (GO) regarding the allocation of funds. The key action is the cancellation of GO number 75/2025/823/001-1782549, dated October 9, 2025.
**Key Points / Main Content**
* **Background:**
* Refers to GO number 75/2025/823/001-1782549, dated October 9, 2025, concerning payments from EIB loans for the Agra Metro project.
* In the financial year 2025-2026, an amount of ₹24.00 Crore (Rupees Twenty Four Crore Only) was sanctioned to Uttar Pradesh Metro Rail Corporation Ltd., Lucknow, as the first installment to pay EIB external loans towards the Agra Metro project.
* The document highlights an allocated amount of ₹59.00 Crore for financial year 2025-2026.
* **Fund Adjustment and Cancellation:**
* UPMRC communicated that the MoHUA (Government of India) adjusted ₹254.62 Crore, covering the first and second quarters' payments to the EIB, against the Uttar Pradesh government.
* The adjustment aligns with the MoU between the State Government, Government of India, and UPMRC, as per Clause No. 12.18 (Lucknow Metro) and Clause No. 12.27 (Kanpur & Agra Metro).
* Due to this adjustment, the previously issued Government Order number 75/2025/823/001-1782549, dated October 9, 2025, concerning the allocation of funds for the Agra Metro loan, is no longer required.
* **Cancellation Order:**
* Government Order number 75/2025/823/001-1782549 Agra Metro Loan, dated October 9, 2025, is hereby cancelled.
**Impact Analysis**
**Stakeholder: UP Metro Rail Corporation Ltd, Lucknow**
* **Impact:** The cancellation of the GO means the allocated funds under that order will not be available as previously intended. The UPMRC should acknowledge the GO's cancellation and work with the State Government and the Indian Government's MoHUA to ensure proper funding and continuation of payments to the EIB for the Agra Metro project.
* **Action Required:** Align with the cancellation of funds and coordinate with the UP Government and Government of India to maintain payment schedules.
**Stakeholder: Finance Department, Uttar Pradesh Government**
* **Impact:** Must update financial records to reflect the adjusted funding arrangement and the cancellation of the GO.
* **Action Required:** Update accounting and financial records to reflect the cancelled GO and adjusted fund allocation.
**Stakeholder: Other Departments & Officials**
* **Impact:** Awareness of the changed status of project funding.
* **Action Required:** Acknowledge the cancellation of the GO.
Key Entities Referenced
European Investment Bank (EIB): The source of the external loans for the Agra Metro project and recipient of repayments.
MoHUA (Ministry of Housing and Urban Affairs), Government of India: The ministry through which funds for the EIB loan repayment are routed, leading to adjustments with the Uttar Pradesh government.
Uttar Pradesh Metro Rail Corporation Ltd. (UPMRC): The implementing agency for the Agra Metro project, recipient of funds, and responsible for communication regarding the repayment.
Agra Metro: The metro project funded by the EIB loan which is the subject of this document.
Lucknow: Location where the Uttar Pradesh Metro Rail Corporation is based, involved in the financial transactions related to the Agra Metro project.