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Govt signs $650 mn pact with World Bank for eastern corridor project

Multilateral lending agency World Bank and India on Friday signed a USD 650-million loan agreement for the Eastern Dedicated Freight Corridor (EDFC).

GMR Infra-led consortium bags Rs 5,080-cr railway project

A GMR Infrastructure-led consortium has bagged an order for construction of 417 km-long eastern dedicated freight corridor railway project which is estimated to cost Rs 5,080 crore.

Bansal woos private players for rail projects

Currently, the share of railways in goods transportation is 36 percent whereas in the USA and China the share is 48 percent 47 percent respectively.

Railway to get about Rs 20,000 crore Japanese loan for Western DFC

In a major leap towards the execution of Dedicated Freight Corridor (DFC), railways have signed a loan agreement of about Rs 20,000 crore with Japan for its western corridor.

World Bank team reviews eastern dedicated freight corridor

An expert team from World Bank, which reviewed the progress of Railways' eastern dedicated freight corridor, has appreciated the efforts shown by the DFC management for the people affected by the multi-crore project.