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India signs agreement with World Bank for Eastern DFC

India signs agreement with World Bank for Eastern DFC

A Guarantee Agreement for World Bank (IBRD) lending of $650 million to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project has been signed between the Government of India and the World Bank in the national capital.

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WB loan for rail corridor

WB loan for rail corridor

The World Bank has sanctioned a loan of $1,100 million for the construction of a 393-km double line on the Mughalsarai-Bhaupur section of the Eastern Dedicated Freight Corridor project.

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UP expects Rs.42,000 cr investment Under the proposed

UP expects Rs.42,000 cr investment Under the proposed

Eastern Dedicated Freight Corridor (EDFC), the Uttar Pradesh government is expecting Rs 42,000 crore investment into the state. In the state, almost 57 per cent of the EDFC measuring 1,049 km would traverse across 18 districts, bringing a lot of industrial benefits for the state. The government said that the proposed alignment of 1,840 km EDFC, starting from Punjab, traverses UP via Khurja and ends at Dankuni in West Bengal.

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EDFC project: UP expects Rs 42,000 cr investment

EDFC project: UP expects Rs 42,000 cr investment

Under the proposed Eastern Dedicated Freight Corridor (EDFC), the Uttar Pradesh government is expecting to get 42,000 crore investment into the state. In the state, almost 57 per cent of the EDFC measuring 1,049 km would traverse across 18 districts, bringing a lot of industrial benefits for the state.