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    <title>India Signs Guarantee Agreement with the World Bank For IBRD direct lending of US$ 650 million to the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) for Eastern Dedicated Freight Corridor-III (EDFC-III) Project</title>
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    <description>A Guarantee Agreement between the Government of India and the World Bank enables World Bank direct lending to DFCCIL for the Eastern Dedicated Freight Corridor-III project, securing financing for works on the Ludhiana-Khurja section and continuing prior phases of World Bank-supported lending. The agreement facilitates sovereign-guaranteed project finance to augment freight capacity, improve service quality, enhance throughput on the 401 km corridor, and support DFCCIL institutional capacity building to build, maintain and operate the corridor network.</description>
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    <pubDate>Sat, 22 Oct 2016 10:16:23 +0530</pubDate>
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      <title>India Signs Guarantee Agreement with the World Bank For IBRD direct lending of US$ 650 million to the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) for Eastern Dedicated Freight Corridor-III (EDFC-III) Project</title>
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      <description>A Guarantee Agreement between the Government of India and the World Bank enables World Bank direct lending to DFCCIL for the Eastern Dedicated Freight Corridor-III project, securing financing for works on the Ludhiana-Khurja section and continuing prior phases of World Bank-supported lending. The agreement facilitates sovereign-guaranteed project finance to augment freight capacity, improve service quality, enhance throughput on the 401 km corridor, and support DFCCIL institutional capacity building to build, maintain and operate the corridor network.</description>
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