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    <title>World Bank Signs Loan Agreement Worth US$ 975 Million with Government of India and DFCCIL for The Eastern Dedicated Freight Corridor Project- I</title>
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    <description>A loan agreement with IBRD finances the first phase of the Eastern Dedicated Freight Corridor, funding the 343 kilometer Khurja-Kanpur section to increase freight capacity, raise axle loads to 25 tons, enable speeds up to 100 km/h, operate entirely with electric traction, and build DFCCIL and Ministry of Railways institutional capacity; the IBRD loan is provided on long term terms including a multi decade maturity and an initial grace period, and the project is presented as delivering significant greenhouse gas reductions versus non DFC alternatives.</description>
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    <pubDate>Sat, 29 Oct 2011 10:50:27 +0530</pubDate>
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      <title>World Bank Signs Loan Agreement Worth US$ 975 Million with Government of India and DFCCIL for The Eastern Dedicated Freight Corridor Project- I</title>
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