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Texmaco bags Rs 200 cr rail contract

Press Trust of India  |  Kolkata 

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 in and Akhaura in

The project is part of India's USD 4.5 billion third line of credit extended to 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 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 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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 16 2018. 20:35 IST