Connect with us

News

India and Sri Lanka sign USD 14 mn railway project agreement

Published

on

Indian Railway Construction International Limited (IRCON) and Transport and Highways MInistry, Sri Lanka yesterday (21) signed a contract for design, installation, testing & commissioning ofsignalling system for Sri Lanka Railways from Maho to Anuradhapura (66 km).

Transport and Highways Minister Bandula Gunawardane and the High Commissioner of India in Sri Lanka Gopal Baglay were present on the occasion.The project is being executed under an Indian Line of Credit (LOC) of USD 318 million at a cost of USD 14.90 million.

In his remarks at the event, High Commissioner Baglay stressed the significance of the project for easing movement of the people of Sri Lanka, accelerating economic recovery of the country and strengthening the cooperation between the two countries. He highlighted that the project in the current situation, symbolises the continued desire of the Government of India to stand with the people of Sri Lanka.

Minister Gunawardane thanked Prime Minister Shri Narendra Modi and the Government of India for supporting Sri Lanka in multiple ways, especially during the economic crisis last year. It was also pointed out that Sri Lankan railway projects have received support in the form of LOCs (Line-of-Credit) in recent times only from India.

The Indian High Commission stated: “Projects of over USD 1 billion in the Railway sector have been completed under 5 Indian LOCs till date. IRCON Ltd, which started its operations in Sri Lanka in March 2009, has completed several projects in Sri Lanka with Indian assistance and has contributed significantly towards rehabilitation and modernization of Sri Lanka Railways, capacity building and employment generation.

At present, IRCON Ltd is undertaking a project for upgradation of the Railway Line including track Rehabilitation and ancillary works from Maho to Omanthai (128 km) at a cost of USD 91.27 million. Under this project, while track rehabilitation work from Anuradhapura to Omanthai has already been completed, work on the section from Anuradhapura to Maho will commence from January 2024.”



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

INS Sindhukesari arrives in Colombo

Published

on

By

INS Sindhukesari, a submarine serving in the Indian Navy, arrived at the port of Colombo on 03 May 26 to undertake Operational Turnarounds.

The visiting submarine was welcomed by the Sri Lanka Navy in precision with naval traditions.

Throughout its stay in the island, the submarine’s crew is scheduled to participate in a variety of programmes organized by the Sri Lanka Navy, including visits to several tourist attractions in Sri Lanka.

Continue Reading

News

Minister of Health of the Russian Federation attends the Sri Lanka–Russia Medical Forum

Published

on

By

Mikhail Murashko, Minister of Health of the Russian Federation, officially visited the Russian House in Colombo to attend the Sri Lanka–Russia Medical Forum, where members of the Sri Lanka Russia Business Council and graduates from the Association of Sri Lankan Graduates from Socialist countries (ASLGSC) attended.

This historic gathering was graced by rectors and representatives from several world-class Russian medical institutions, including Kursk State Medical University, Sechenov First Moscow State Medical University, and Tver State Medical University, among others.

The forum commenced with an address by Minister Murashko, during which Russian medical graduates in attendance raised pertinent questions regarding medical and pharmaceutical sector opportunities in Sri Lanka.

Levan Dzhagaryan, Ambassador of the Russian Federation to Sri Lanka and the Maldives, together with Madam Maria L. Popova, Counsellor of the Embassy of the Russian Federation in Sri Lanka & the Maldives and Director of the Russian House in Colombo, graced the occasion. Both officials expressed strong support for continued collaboration and future initiatives between the two nations.

Continue Reading

News

Members of Sri Lanka Cricket Transformation Committee Officially Appointed

Published

on

By

The official appointment letters for the members of the newly established “Cricket Transformation Committee” (CTC) were handed over on Monday (04) by the Minister of Youth Affairs and Sports,  Sunil Kumara Gamage.

The following members received their letters of appointment at the Ministry premises:

Sidath Wettimuny
Thushira Radella
Prakash Schaffter
Ms. Avanthi Colombage

The Ministry also noted that veteran cricketers Roshan Mahanama and Kumar Sangakkara, who are key members of the committee, are currently overseas. Their official appointments will be formalised immediately upon their arrival in Sri Lanka.

The Cricket Transformation Committee has been mandated to oversee the administration and drive structural reforms within Sri Lanka Cricket (SLC) in accordance with the powers vested in the Minister under the Sports Act No. 25 of 1973.

Continue Reading

Trending