ADB Provides $750 Million Loan to Indian Railways for Transitioning to Electric Power

This is the largest single non-sovereign loan ever committed by ADB, the bank said in a statement

May 27, 2019

/ Soumik Dutta

/ Finance and M&A, Other

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The Indian Railway Finance Corporation (IRFC) has signed an agreement with the Asian Development Bank (ADB) for the electrification of railway tracks.

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Soumik Dutta

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ADBASEANIndian railwaysInfrastructureIRFC

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