EXIM Bank team visits Northern railway projects
|
EXIM Bank officials of India inspecting the work in progress
|
A team from the EXIM Bank of India visited the project sites of the
252 km long Northern Railway line, currently being executed by Ircon
International Limited, a subsidiary of the Indian Railways. A team from
the EXIM Bank of India comprising the Bank's General Manager, Mrs.
Harsha Bangari, the Assistant General Manager, Ambrish Bhandari and the
Chief Manager, Shalmali Jadhav undertook a site visit on July 23 and 24
to review the progress of the Northern Railway Lines.
The team was accompanied by Manish, Counsellor (E&C) of the High
Commission of India, IRCON's General Manager, S. L. Gupta and other
officials of IRCON. The USD 652 million project of re-constructing the
railway lines in the Northern Province of Sri Lanka from Medawachchiya
to Talaimannar Pier and from Omanthai to Kankesanthurai is funded by the
Indian Line of Credit of the EXIM Bank of India.
The first segment of this project, namely the completed track from
Medawachchiya to Madhu Road (43km) was handed over to the Government of
Sri Lanka on May 14 2013 for commercial operations.
According to the General Manager of IRCON, S.L. Gupta, the second
segment of the project from Omanthai to Kilinochchi, covering a distance
of 63 km, is scheduled to be opened shortly.
The re-construction of the Northern Railway Line is the second
railway project funded through the EXIM Bank of India.
Previously the Bank was associated with the USD 78 Million project of
the up-grading the coastal railway line from Matara to Kalutara South,
which was successfully completed by IRCON in April 2012. |
