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India Signs Guarantee Agreement with the World Bank for IBRD Direct Lending of US $ 1100 Million to the Dedicated Freight Corridor Corporation India Ltd (DFCCIL) for Eastern Dedicated Freight Corridor-II Project

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Delhi
Last Updated : Dec 12 2014 | 12:20 PM IST
A Guarantee Agreement for World Bank (IBRD) lending of US $ 1100 million to the Dedicated Freight Corridor Corporation India Ltd (DFCCIL) for Eastern Dedicated Freight Corridor-II Project (EDFC-II) has been signed between the Government of India and the World Bank here yesterday. Shri Tarun Bajaj, Joint Secretary (MI), Department of Economic Affairs, Ministry of Finance signed the Agreement on behalf of Government of India and Mr. Onno Ruhl, Country Director, World Bank, signed the same on behalf of the World Bank.

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First Published: Dec 12 2014 | 12:20 PM IST

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