21−23 April 2022
19th Asia’s most definitive expo
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Venue: BIEC, Bengaluru, India.

News

19 May 2021

K-rail gets approval to generate ₹33,700-cr from global financers

The National Institution for Transforming India (NITI Aayog), Department of Expenditure under the Union Finance Ministry, and the Ministry of Railways have approved Kerala Rail Development Corporation Ltd. (K-rail) for mobilizing funds from multilateral and bilateral agencies for the 529.45-km semi-high speed rail SilverLine from Kochuveli to Kasaragod. With this, K-rail, the joint venture between the State and Railways for cost-sharing rail projects, can pose the loan request for availing itself of ₹33,700 crore as per guidelines of Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), German Development Bank (KfW) and Japan International Cooperation Agency (JICA)...Read More
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