India: Railway Sector Investment Program - Tranche 1
This multitranche financing investment program will improve the transport network by developing an energy-efficient, safe, reliable, affordable, and environment-friendly railway system along transport corridors with heavy bulk freight traffic, promoting greater mobility and supporting sustainable socio-economic development in the country.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
9 Jul 2012 Loan India Transport/Rail Closed $343.40 million | |
| KEY OUTPUTS |
Railway infrastructure improvement, including civil works, electrification, supply of rails and switches, and other related services and works Provision of equipment and implementation support to the institution strengthening action plan Implementation support to the Ministry of Railways for mitigation and carbon credits activities |
| FINANCING |
$150 million (Asian Development Bank) $193.4 million (Government of India) |
