<h1>ADB Grants $150M Loan to India for Rail Sector: Boosting Efficiency, Safety, and Capacity with $1.1B Program.</h1> The Asian Development Bank (ADB) has extended a $150 million loan to India as part of a $1,144.6 million Railway Sector Investment Program aimed at enhancing rail freight and passenger services. The initiative includes double-tracking 840 kilometers and electrifying 640 kilometers of rail routes, alongside new signaling installations. The program targets improved energy efficiency, reduced pollution, enhanced safety, and increased capacity. It also seeks to boost operational efficiency and pursue carbon credits. The total ADB contribution is $500 million, with the Indian government providing $644.6 million. The Ministry of Railways and Rail Vikas Nigam Limited are responsible for execution and implementation.