OREANDA-NEWS. December 9, 2011. The Railway Sector investment programme was approved by Asian Development Bank (ADB) Board on August 31, 2011 as a Multi-tranche Financing Facility (MFF) for USD 500 million, with 1st tranche of USD 150 million approved on October 18, 2011. The loan will be used for the following projects:

1. Sambhalpur – Titlagarh doubling on East Coast Railway (182 Kms)
2. Raipur – Titlagarh doubling on East Coast Railway (203 Kms)
3. Hospet – Tinaighat doubling on South-Western Railway (352 Kms)
4. Daund – Gulbarga doubling on Central Railway (225 Kms) and Pune – Guntakal

Railway electrification on Central and South Central Railwaly (641 Kms.).

Besides, the loan will also be used for implementation of new accounting architecture and Clean Development Mechanism (CDM) activities.

This information was given by the Minister of State for Railways Shri Bharatsinh Solanki in a written reply to a question in Rajya Sabha today.