Railways to borrow $10 bn in 2012-13 via IRFC
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RAILWAYS & METRO RAIL

Railways to borrow $10 bn in 2012-13 via IRFC

01 Apr 2012 1 Min Read Editorial Team
The Railway ministry plans to borrow about Rs 500 bn from the market via Indian Railway Finance Corporation (IRFC) in the 2012-13 fiscal. India plans to invest $147 bn in the railways during the Twelfth Five-Year Plan period (2012-2017). It plans to add 700 km of new rail lines to its network in the fiscal starting in April.

Contact: Indian Railways.
E-mail: customercare@indianrailways.gov.in
Website: www.indianrail.gov.in

The Railway ministry plans to borrow about Rs 500 bn from the market via Indian Railway Finance Corporation (IRFC) in the 2012-13 fiscal. India plans to invest $147 bn in the railways during the Twelfth Five-Year Plan period (2012-2017). It plans to add 700 km of new rail lines to its network in the fiscal starting in April.Contact: Indian Railways.E-mail: customercare@indianrailways.gov.inWebsite: www.indianrail.gov.in

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