Adventz Group's Texmaco Rail & Engineering Limited, today said it has been awarded a Rs 200 crore project to construct the 45 km dual-gauge line between Agartala in Tripura and Akhaura in Bangladesh.
The project is part of India's USD 4.5 billion third line of credit extended to Bangladesh for its infrastructure and social sector development, the company said in a statement.
Once completed, the railway link is expected to cut the distance between Agartala and Kolkata by more than 1,000 km. The project is scheduled to be completed in 18 months.
Further, it will enhance India's access to Chittagong port, considered to the heart of Bangladesh economy.
The Agartala-Akhaura rail project will lend full connectivity from east to west of Bangladesh, apart from enabling trade relations and establishing people-to-people connect between the two neighbours, the statement said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app