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 ::
State Minister of Fisheries pledges support to fishermen affected in the fishing vessel explosion in Hambantota
-- [8 hours ago]
Meeting held at Defense Ministry to discuss progress on land release in North and East
-- [9 hours ago]
Petroleum trade union collective calls off strike
Sri Lanka Marxist party supports CPC workers' strike, calls on government to meet their demands
Seven Sri Lankan fishermen released by Indian court sent home
Sri Lankan Navy sailor dies during training in India
Government takes measures to keep Sri Lanka malaria free - Health Minister
New Chairperson appointed to lead Sri Lanka National Child Protection Authority
Japanese experts present report on Sri Lanka's garbage dump to President, recommend removal
Petroleum trade union in discussions with Minister amid strike

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.