Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
July 28, Friday 2017 12:09 PM       

       HEADLINES: Man held for trying to sell deer musk                                              P T Usha to boycott Malayalam visual media                                              K R Narayanan's cemetery turns controversial                                              Amit Shah to contest Rajya Sabha polls from Guj                                              Modi congratulates Nitish after resignation                                              Nitish Kumar back to NDA fold, to take oath as Bihar CM tomorrow                                              Nitish Kumar is new Bihar CM, Sushil Modi his deputy                                              Lalu dubs Nitish an 'opportunist'                                              White House says Trump supports sanctions on Russia                                              Sri Lanka labour to 154 for 5 after India fold for 600                                              Kaumudi Facebook
       BUSINESS Next Article: Sensex edges lower by 88 pts on global weakness  
       Railways to export locos, train sets worth Rs. 680 cr to Lanka
 
         Posted on :12:42:09 Apr 17, 2017
   
A A
       Last edited on:12:42:09 Apr 17, 2017
         Tags: Indian railway to export locos, train sets to
 

NEW DELHI: Indian Railways will supply modern locomotives and train sets worth Rs. 680 crore to Sri Lanka, in the largest export order for the public transporter.

Rail India Technical and Economic Service (RITES), a railways PSU, has secured its largest export order from Sri Lanka Railways for the supply of 10 broad gauge diesel locomotives and six DMU (diesel multiple units) train sets.

DMU train sets do not require separate locomotive as the engines are incorporated into one or more of its coaches.

All locomotives and train sets would be equipped with state-of-the-art technology and manufactured in Varanasi and Chennai, said a senior Railway Ministry official.

The contract will be funded under the Indian Line of Credit to Sri Lanka announced in 2011, and supplies will be made over the next two years, the official said.

RITES, which also serves as the export arm of the railways, is at present executing a contract for the supply of 18 locomotives to Myanmar Railways.

It had earlier exported 20 DMU train sets, three locomotives to Sri Lanka, besides providing expertise for setting up railway maintenance facilities and training of the island nation's railway officials during the period 2008-12.

Supplies of locomotives from Diesel Locomotive Works (DLW) in Varanasi would be completed in 2017-18.

RITES has also actively pursued exports of locomotives and passenger coaches to Bangladesh Railway. It has exported 120 LHB coaches from its Kapurthala factory.

It has been the endeavour of RITES to facilitate rail infrastructure development in the South Asian countries, particularly in Bangladesh, Myanmar and Sri Lanka.

In order to foster regional cooperation with these countries, the government has been extending various lines of credit for funding railway projects for export of Indian Railways-manufactured locomotives and rolling stock.

A A
       BUSINESS
Next Article: Sensex edges lower by 88 pts on global weakness
 
 
BUSINESS HEADLINES
HarperCollins launches business imprint  
Indian banks most at risk among South, S-E Asian peers: Poll  
Rupee surges 21p against dollar after no rate hike by US Fed  
RBI to cut repo rate by 25 bps on Aug 2: HSBC  
China accuses India of 'abusing' trade remedy measures  
Sensex rises 50 pts in early trade on earnings  
'India will emerge as one of biggest markets for IT services  
Nifty tops 10,000 for a moment, Sensex slips from record  
Why has RBI not yet given no. of scrapped notes, asks Oppn  
Rupee softens 5 paise against dollar  
Nifty surpasses 10,000 mark, Sensex up by 102 points in opening trade  
Need examples to deter benami deals, says Jaitley  
Jaitley introduces bill to replace Banking Regulation Ordinance in Lok Sabha  
40% of India's GDP outside GST: Chidambaram  
DeMo, GST to widen tax base, make cash dealing difficult: FM  
Pak may face economic instability if reforms stop: IMF  
UN selects Dubai as data hub for MENASA region  
Nifty ends above 9,900, RIL leads  
Sensex's early rise hits a bump, IT weighs  
Australia to help Sri Lanka combat its worst dengue fever  
Niti panel yet to finalise report on autonomous bodies: Govt  
GST win-win deal for all: Jaitley  
Rupee rallies for 3rd session, hits near 6-week high  
NSSO to conduct survey on drinking water in July 2018  
Cabinet clears draft bill to replace GST ordinances for J&K  
 
P U Chithra issue: Is it fair to blame P T Usha?
yes
 
no
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy