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India Signs Guarantee Agreement with the World Bank For IBRD direct lending of US$ 650 million to the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) for Eastern Dedicated Freight Corridor-III (EDFC-III) Project

News and Press Release - Dated:- 22-10-2016 - A Guarantee Agreement for World Bank (IBRD) lending of US$ 650 million to the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) for Eastern Dedicated Freight Corridor-III (EDFC-III) Project ha .....

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Mr. Hisham Abdo, Acting Country Director, World Bank, India on behalf of the World Bank. The objective of the EDFC-III Project is to augment rail transport capacity, improve service quality and enhance freight carriage throughput on the 401 km Ludhia .....

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