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LOANS & CREDITS

India – Eastern Dedicated Freight Corridor Project (APL1)

May 31, 2011



IBRD Loan: US$975 Million
Terms: Maturity = 22 years; Grace = 7 years
Project ID: P114338

Project Description: The project will help Indian Railways set up the Eastern Dedicated Freight Corridor, a freight-only rail line, that will help faster and more efficient movement of raw materials and finished goods between the Northern and Eastern parts of India. The corridor will also allow Indian Railways to free up capacity and better serve the large passenger market in this densely populated region.


Media Contacts
Benjamin Crow
Tel : (202) 473-5105
bcrow@worldbank.org

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