Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* India's Integral Coach Factory bags order from Sri Lanka for diesel sets and coaches
Sun, Apr 16, 2017, 10:46 am SL Time, ColomboPage News Desk, Sri Lanka.

Apr 16, Chennai: India's leading railway coach manufacturer located in Chennai, Integral Coach Factory (ICF) has bagged an export order from Sri Lanka for diesel train units and coaches.

ICF general manager, K Mani said on Saturday, the train manufacturer has received an order from Sri Lanka for the supply of 78 diesel-electric multiple-units (DEMUs) and 160 coaches.

Sri Lanka's Department of Railway in March entered into an agreement with India to purchase ten train engines and six power sets made in India under India's credit line.

Sri Lanka has been granted USD 42 million for 10 engines, and USD 58 million for six power sets under the Indian Credit Line.

Carrying an interest rate of 1.75 percent, the line of credit will have a repayment period of 20 years. According to the agreement 75 percent of the goods and services should be sourced from India.

 


ColomboPage - Recent 10 Stories ::
Sri Lanka Cabinet of Ministers accused of planning to curtail powers of Auditor General
-- [7 hours ago]
Sri Lanka Army's annual defense seminar this year to focus on countering violent extremism
-- [9 hours ago]
Sri Lanka government moots a tax on soft drinks based on sugar content
-- [9 hours ago]
Farmer federation in Sri Lanka begins petition campaign demanding compensation
Many things to be rejoiced during the last two years of government - Minister
Sri Lanka arrests 27 Indians in North for visa violations
Police arrest two suspects transporting illegally imported cigarettes
Detailed Agreement on Neville Fernando Hospital to be presented in parliament as a bill
Sri Lanka sets target to complete accession of Madrid Protocol by 2018 August
Sri Lanka on path to 100% renewable energy - report

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.