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World Bank Approves 375 Million Loan for Developing National Waterway-1

News and Press Release - Dated:- 21-4-2017 - In a major boost towards realising country s ambitious inland waterways project, the World Bank has approved a $375 million loan for capacity augmentation of National Waterway-1(River Ganga) under Jal Marg Vikas Project (JMVP). The government is developing NW-1 (River Ganga) under JMVP from Haldia to Varanasi (1390 Km) with the technical and financial assistance of the World Bank at an estimated cost of ₹ 5369 crore. The project would enable com .....

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for construction of multi-modal terminals at Varanasi, Sahibganj, and a new Navigation Lock at Farakka have been awarded, and the work at respective sites has commenced, the construction of multi-modal terminal at Haldia will begin soon. The foundation stone for the multi-modal terminal at Sahibganj was laid by the Prime Minister Shri Narendra Modi on 6th April, 2017. In August 2016, the Minister for Road Transport, Highways & Shipping Shri Nitin Gadkari laid the foundation stone for multi- .....

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