News
22 May 2019

ADB to provide largest ever nonsovereign loan to fund railway track electrification in India

In:
Transport
Region:
Asia-Pacific

The Asian Development Bank has signed an agreement to provide $750 million equivalent in Indian Rupees in long-term financing - the largest single nonsovereign loan ever committed by ADB - to Indian Railway Finance Corporation (IRFC).The financing will fund the Railways Track Electrification...

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