| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 245.00 |
Rail Logistics Project
Development Objective
The project development objective is (i) to promote freight modal shift to safe and low carbon transport along the Eastern Dedicated Freight Corridor and (ii) to strengthen Dedicated Freight Corridor Corporation of India Limited as a commercial organization to provide multimodal logistics services.
Key Details
Project Details
P177856
Active
Saroj Ayush
Dedicated Freight Corridor Corporation of India Limited
December 6, 2021
(as of board presentation)
June 10, 2022
April 13, 2023
US$ 590.00 million
Dedicated Freight Corridor Corporation of India Limited
2022
US$ 245.00 million
N/A
High
June 30, 2027
TBD
BANK APPROVED
November 14, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 245.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 245.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 590.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Aug 6, 2024 | IBRD-94000 | Loan Disb | 10,000,000.00 |
| Jun 10, 2022 | IBRD-94000 | Loan Commitment | 245,000,000.00 |
| Aug 23, 2023 | IBRD-94000 | Loan Disb | 15,812,642.00 |
| Aug 23, 2023 | IBRD-94000 | Loan Disb | 11,829,707.00 |
| Apr 13, 2023 | IBRD-94000 | Loan Disb | 612,500.00 |
| Apr 13, 2023 | IBRD-94000 | Fee Charges | 612,500.00 |
| Dec 29, 2023 | IBRD-94000 | Loan Disb | 55,000,012.00 |
| Jun 5, 2023 | IBRD-94000 | Loan Disb | 49,000,000.00 |
| May 15, 2024 | IBRD-94000 | Loan Disb | -71,999,920.00 |
| May 15, 2024 | IBRD-94000 | Loan Disb | 71,999,920.00 |
| Oct 16, 2023 | IBRD-94000 | Loan Disb | 26,450,000.00 |
| Nov 15, 2023 | IBRD-94000 | Int Charges | 103,906.86 |
| Nov 15, 2023 | IBRD-94000 | Loan Disb | -109,842,352.00 |
| Nov 15, 2023 | IBRD-94000 | Loan Disb | 109,842,352.00 |
| Nov 15, 2023 | IBRD-94000 | Int Charges | 3,157.95 |
| Nov 15, 2023 | IBRD-94000 | Int Charges | 231,396.19 |
| Nov 15, 2023 | IBRD-94000 | Int Charges | 1,805,544.20 |
| Nov 15, 2023 | IBRD-94000 | Int Charges | 19,655.59 |
| Nov 3, 2023 | IBRD-94000 | Loan Disb | 6,750,000.00 |
| May 15, 2024 | IBRD-94000 | Int Charges | 105,096.29 |
| May 15, 2024 | IBRD-94000 | Int Charges | 1,647,573.80 |
| May 15, 2024 | IBRD-94000 | Int Charges | 20,719.54 |
| May 15, 2024 | IBRD-94000 | Int Charges | 3,715,722.50 |
| May 15, 2024 | IBRD-94000 | Int Charges | 120.78 |
| May 15, 2024 | IBRD-94000 | Int Charges | 158,809.50 |
| May 15, 2024 | IBRD-94000 | Int Charges | 5,989.72 |
| Jul 31, 2024 | IBRD-94000 | Loan Disb | 3,732,596.80 |
| Jul 31, 2024 | IBRD-94000 | Loan Disb | 5,000,000.00 |
| Mar 19, 2024 | IBRD-94000 | Loan Disb | 4,000,000.00 |
| Feb 5, 2024 | IBRD-94000 | Loan Disb | 12,999,912.00 |
| May 15, 2023 | IBRD-94000 | Loan Disb | -612,500.00 |
| May 15, 2023 | IBRD-94000 | Loan Disb | 612,500.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2024-10-18 |
| Progress towards achievement of PDO | Satisfactory | 2024-10-18 |
| Monitoring and Evaluation | Satisfactory | 2024-10-18 |
| Procurement | Satisfactory | 2024-10-18 |
| Financial Management | Satisfactory | 2024-10-18 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-18 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Additional freight train paths created on Khurja-Ludhiana and Kanpur-Mughalsarai section of EDFC Value 0.00 45.00 45.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Additional freight trains moved on Khurja-Ludhiana and Kanpur Mughalsarai Section of EDFC and IR (annually) Value 4549 in Khurja ludhiana and 12535 trains in kanpur 4549 in Khurja-Ludhiana and 12535 trains in Kanpur 15% more than baseline value Date June 1, 2022 October 31, 2023 June 1, 2027 Comment GHG Savings due to freight carried over Railways (tonnes) Value 0.00 0.00 290000.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Number of Train Accidents on DFC reduced (per million train km) Value 0.05 0.00 0.04 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Effective implementation of concession agreement between MOR and DFCCIL Value Concession agreement has been signed in 2014 Concession agreement has been signed in 2014. Acce Tariff regulatory authority and non-discriminatory Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Private sector investment mobilized for creation of freight terminals (millions) Value 0.00 0.00 100.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Enhanced private sector participation in infrastructure creation Value PPP Policy not established PPP Policy not established PPP Policy adopted by DFCCIL for track infrastruct Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Freight Handled at newly created goods terminals connected to Eastern Dedicated Freight Corridor (in millions) Value 0.00 0.00 3.50 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Physical construction: Civil Works Ludhiana-Khurja section Value 50.00 100.00 100.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Identification of potential private investors in freight terminals and logistics centres Value Study to be initiated DFCCIL issued Letter of intent to 14 locations out Study completed Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Physical Construction: System works of Ludhiana Khurja section Value 20.00 95.00 100.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Prepare Environment and Social management framework for future DFCs consistent with international standards Value No No yes Date March 1, 2022 October 31, 2023 July 3, 2023 Comment Physical construction: Civil Works of Kanpur - Mughalsarai section Value 75.00 100.00 100.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Implementation of pilot energy optimization driver advisory system Value no No yes Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Physical construction: Electrical works of Kanpur-Mughalsarai section Value 67.00 95.00 100.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Percentage of grievance resolved within three months of receipt Value 75.00 75.00 90.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Civil structure and systems work for rail connectivity to identified terminals Value 0.00 0.00 4.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Percentage of women professionals and workers in technical roles in DFCCIL, PIUs and PMCs Value 7.00 7.00 15.00 Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Implementation of Safety management System Value no such system is available no such system is available safety management system implemented Date June 1, 2022 October 31, 2023 June 1, 2027 Comment Number of incentivised internship programs held for women graduates Value 0.00 0.00 25.00 Date March 1, 2022 October 31, 2023 June 1, 2027 Comment Building capacity and knowledge base of DFCCIL staff using Human Resource professional development strategy Value 0.00 0.00 700.00 Date March 1, 2022 October 31, 2023 June 1, 2027 Comment