AFD to provide grant of Rs 54.97 billion to IRSDC for development of railway stations

The Indian Railway Station Development Corporation (IRSDC) has entered into a tripartite agreement with the French National Railway Company (SNCF) and French Development Agency (AFD) to provide a grant for the development of railway stations. As per the agreement, AFD will provide a grant of Rs 54.97 million through SNCF-Hubs and Connexions as a technical partner to IRSDC to support station development in the country.