Indian Railways Enter into Agreement with France

Indian Railways Enter into Agreement with France for Railway Station Development Program

Indian Railways Enter into Agreement with France for Railway Station Development Program

  • The Indian Railway Station Development Corporation (IRSDC), has entered into tripartite agreement with French Railways (SNCF) and AFD, a French Agency, to support capacity building for the Railway Station Development Program in India.
  • The Indian Railway Station Development Corporation (IRSDC) is a Special Purpose Vehicle (SPV) under the Ministry of Railways.
  • Under the agreement, AFD will provide in-kind grant financing up to 7,00,000 EURO to IRSDC through SNCF-Hubs and Connexions as a Technical Partner to the corporation.

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