Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to obtain US$ 48.67 million to purchase railway engines for upcountry line
Wed, Jun 13, 2018, 09:40 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 13, Colombo: The Sri Lankan government is planning to obtain US$ 48.67 million from Standard Chartered Band upon the aid of Canada Exports Development Institute to purchase 12 railway engines to service the upcountry railway line.

The Cabinet has granted approval earlier to purchase 12 locomotives for the Sri Lanka Railway Department in order to improve the operational capacity of the upcountry railway line.

The train engines will be procured from the General Electric Company in the United States at a cost of US$ 4.056 million each as per the recommendation of the Standing Cabinet Appointed Procurement Committee (SCAPC). Accordingly, the proposal made by Prime Minister Ranil Wickremesinghe, in his capacity as the Minister of National Policies and Economic Affairs, to enter in to an agreement for the provision of USD 48.67 million, from Standard Chartered Band upon the aid of Canada Exports Development Institute, was approved by the Cabinet of Ministers.

Also, the government has taken steps to purchase 160 passenger carriages under Indian loan assistance. The cost of this project is US$ 82.63 million.

 

ColomboPage - Recent 10 Stories ::
Dialog first to launch Voice over WiFi calling in Sri Lanka
-- [12 minutes ago]
Loan scheme for the installation of the rooftop solar power generation systems under the Solar Power Generation Project
-- [7 hours ago]
Digitization of Ministry of Fisheries and Aquatic Resources Development to be expedited
-- [8 hours ago]
AG to challenge acquittal of ex-minister Johnston Fernando and two others
-- [9 hours ago]
Sri Lankan university student in Australia seeks damages after terror charges dropped against him
Despite request no hike in domestic LPG gas prices for now, Minister assures
Sri Lanka Finance Minister criticizes opposition, media for disseminating false information
Sri Lankan government to limit expenditures at all ministries
Hector Kobbekaduwa Agrarian Research Institute assigned to find a solution for crop damage by wild animals
Report of President accusing India of assassination plot is a deliberate attempt - Minister Samarasinghe

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.