Transport for London (TfL) has secured a £300m loan from the UK Infrastructure Bank towards its Docklands Light Railway (DLR) Rolling Stock Replacement Programme, which currently has an overall cost of £900m.
The loan, provided through the Bank’s Local Authority function, will replace the fleet, some of which have been in use since 1991, as well as infrastructure improvements such as an advanced signalling system, power upgrades, new sidings, a maintenance shed at the Beckton...
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