The Union Government and the World Bank signed a $650 million loan agreement for construction of the Eastern Dedicated Freight Corridor (EDFC)-III project.The project aims to enhance rail transport capacity, improve service quality and boost freight carriage on the 401-km- long Ludhiana-Khurja section of the EDFC. This project will provide the power and heavy manufacturing industries located in the Northern and Eastern parts of India. A smooth railway network for efficient transportation of their raw materials along with distribution of processed and consumer goods.
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