Home / / India’s IRCON gets Pallai to KKS $ 150 m rail deal

India’s IRCON gets Pallai to KKS $ 150 m rail deal


Comments / 1054 Views / Saturday, 16 July 2011 00:29


The Cabinet has approved the awarding of the contract to build the railway line from Pallai to Kankesanthurai (KKS) to Indian Railway Construction International Ltd (IRCON), at a cost of US$ 150 million.

The same company was previously awarded the Omanthai to Pallai rail line construction.



lRCON is a fully government owned company of India and the construction of the railway line from Pallai to KKS is with the assistance of the EXIM Bank of India.

        

Construction work on the Northern Railway Line from Vavuniya to Omanthai has already been completed and trains are being operated up to Omanthai at present.


Share This Article


COMMENTS

Today's Columnists

Reform of exchange controls: There is a need, but do it correctly – Part I

24 April 2017

The first Ceylonese Governor of the newly-established Central Bank N.U. Jayawardena ​ Proposal to reform exchange controls without giving details Prime Minister Ranil Wickremesinghe, in announcing the economic policy s...


PIM MBA in Oman: A Sri Lankan pride

24 April 2017

It was indeed memorable to organise an inauguration of a brand new MBA batch at the Postgraduate Institute of Management (PIM) in Muscat, Oman. It was encouraging to see the spirit of Sri Lankans in Oman who actively supported our endeavo...


Potential risks and negative implications of the proposed Foreign Exchange Bill

24 April 2017

From the perspective of the Government, the following are the key components of a checklist for assessment and validation prior to the enactment of the proposed Foreign Exchange Bill. Does the Bill in its present form, post enactment: 1.Advanc...


Meethotamulla tragedy and political garbage

22 April 2017

    The Meethotamulla tragedy has brought back the politics of garbage to every screen, newspaper and radio. Street protests are happening around every garbage dump. Modern day popular communication technologies have take...


Columnists More