WASHINGTON, June 30, 2015 - The World Bank’s Board of Executive Directors today approved the following project:
India – Eastern Dedicated Freight Corridor Project 3
IDA Credit: US$650 million equivalent
Terms: Maturity = 22 years, Grace = 7 years
Project ID: P150158
Project Description: To help faster and more efficient movement of raw materials and finished goods between the northern and eastern parts of India.