The World Bank is to provide a $975 million loan for a freight only railway line to enable more efficient movement of raw materials and goods between Northern and Eastern India. The loan will finance approx 1,100 km of the 1,800 Km Eastern Dedicated Freight Corridor [Ludhiana-Delhi-Mughal Sarai] in three phases. The loan will mature in [...]
Posted: June 10th, 2011 under Delhi, India.
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