News
The governments of Japan and India have agreed on a yen loan of up to JPY1.616 billion (about US$18 million) for the second phase of India's railroad development project.
India’s Dedicated Freight Corridor project aims to build a total of 2,800 kilometers of freight-specific railway which includes the West Corridor between Delhi and Mumbai and the East Corridor between Delhi and Kolkata. Of the project, Japan’s yen loan will support the 1,500-kilometer West Corridor. The second phase covers a total of 551 kilometers of the corridor, namely 127 kilometers from Dadri to Rewari and 425 kilometers from Vadodara to Mumbai. It builds on the project’s first phase, which covers the construction of a dedicated railroad between Rewari and Vadodara.
