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Monday November 29th, 2021
Economy

Sri Lanka gets more railway coaches from India under US$82.6mn deal

ECONOMYNEXT – Sri Lanka has received 20 railway coaches from India under 160-coach contract valued 82.6 million US dollars funded by a line of credit, the Indian embassy in Colombo said.

The 20 coaches had reached Colombo on September 17, taking the total delivered so far to 60 units.
There were 20 more ready in India awaiting shipment.

The first coaches had arrived in Sri Lanka in March 2021 and trial were conducted. The Indian made coaches are custom built for Sri Lanka requirements, the statement said.

The coach deal with Rail India Technical and Economic Service (RITES) Ltd, an Indian state firm and Sri Lanka is part of a 318 million dollar Iine of credit involving railway engines and upgrades to track.

RITES will also supply two AC diesel multiple units (DMU) to Sri Lanka Railways.

The first AC DMU unit with 12 coaches is ready for shipment and is awaiting a nomination of a ship by Sri Lanka, the Indian embassy said.

The 128 kilometre upgrade of the track from Maho to Omanthai, modernizing signaling between Maho-Anuradhapura and double tracking the track from Polgahawela to Kurunegala. (Colombo/Sept18/2021)

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