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The OPEC Fund
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  2. Railway Modernization and Maintenance Project

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Railway Modernization and Maintenance Project

India

Borrower India
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 15.02.1983
Signed 15.04.1983
Status Completed
Loan Administrator IBRD
Executing Agency Indian Railway
Co-financiers IDA, IBRD, Government
OPEC Fund Contribution (US$m) 22.50
Total Project Cost (US$m) 1,212.70

The project aims at:

  • modernizing and improvement of diesel electric locomotive maintenance;
  • improvement of technology and performance of the AC main line electric locomotive; and
  • improvement of technology, design and operation of heavy bulk movements.

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