Cabinet approval has been granted on Tuesday to purchase 12 locomotive engines with the intention of enhancing up country’s railway service, Cabinet Spokesman, Lands and Parliamentary Reforms Minister Gayantha Karunatilaka said.
Accordingly, the proposal made by Prime Minister Ranil Wickremesinghe to enter into an agreement for the provision of US$ 48.67 million (Rs.7, 500 million approximately) from Standard Chartered Bank upon the aid of Canada Exports Development Institute (CEDI) was approved by the Cabinet of Ministers.
Cabinet on Tuesday approved the proposal made by Transport and Civil Aviation Minister Nimal Siripala De Silva to award the contract of purchase 160 passenger compartments under the Indian Loan Subsidy, to M/s Rights Ltd for US$ 82.63 million upon the recommendation of Cabinet Appointed Negotiation Committee. (Sandun A Jayasekera)
INQUIRY Thursday, 14 June 2018 09:40
Pray - what is the percentage !
Reply : 5 31
Lord Wolfstein Thursday, 14 June 2018 10:32
So far no Chinese company is involved probably nothing.
Reply : 10 16
Warra Thursday, 14 June 2018 09:43
Let me guess! The rains are from India? When will SL move away from desil and into electric.
Reply : 6 15
Buffalo citizen Thursday, 14 June 2018 10:26
Reply : 6 16
Luxter Thursday, 14 June 2018 10:32
Why can't we invest in underground or overground rail in Colombo and Kandy!? Much needed for growth. European loan with less interest rate like the flyover in rajagiriyA
Reply : 2 12
Unchikun Thursday, 14 June 2018 10:33
It was the UNP that ruined the public transport system in Sri Lanka by introducing private buses with no standards. This news is welcome. The Indian power sets got down by the Sri Lanka Railway about 6 years ago are already falling apart. The 50 years plus Romanian carriages are still in good shape and in service. I hope the new locos are from the US or Canada.
Reply : 3 35
Ahmed Thursday, 14 June 2018 13:06
what happened to our light rail dream ?
Reply : 2 5
Kollupitiya Bhai Thursday, 14 June 2018 17:22
The locomotives are expensive why not introduce the Metro Kind System similar cost and which villages have no rails remove Colombo and suburbs and locate there.. Metro in India costed only 90,000,000 LKR with station and 4 trains for one station wise. Please make smart decisions and think of future about Sri Lanka.
Reply : 0 4
Lion Thursday, 14 June 2018 17:47
Sira may be happy as hell will be the finale beneficiary
Reply : 1 3
Ajja Thursday, 14 June 2018 17:48
No INNOVATIVE thinking how to improve the old ENGLISH system in par with the rest of the World.just ordering carriages and Engines as if they spend Money from their pockets.Our so called LEADERS are like FROGS in THE WELL....
Reply : 0 3
Harry Thursday, 14 June 2018 17:57
Well said Unchikun - Doors being opened for Indian Junk.What is the percentage of the kick-back?
Reply : 0 5
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