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India and World Bank sign $1.1 billion agreement

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Staff writer ▼ | December 12, 2014
The Government of India and the World Bank signed a $1.1 billion agreement towards the second loan for the Eastern Dedicated Freight Corridor (a freight-only rail line).
India rail
Rail line   The Eastern Dedicated Freight Corridor Project
That will help faster and more efficient movement of raw materials and finished goods between the north and eastern parts of India. The project was approved by the World Bank Board on April 22, 2014.

The Eastern Corridor is 1,839 km long and extends from Ludhiana to Kolkata. The World Bank is supporting the Eastern Dedicated Freight Corridor (EDFC) as a series of projects in which the three sections with a total route length of 1,133 km will be delivered sequentially, but with considerable overlap in their construction schedules. EDFC 2 will build the 393 km Kanpur-Mughal Sarai section in Uttar Pradesh.

The Project will help increase the capacity of these freight-only lines by raising the axle-load limit from 22.9 to 25 tons and enable speeds of up to 100 km/hr. It will also help develop the institutional capacity of the DFCCIL to build and maintain the DFC infrastructure network.


 

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