ADVERTISEMENT

Indian Railway Station Development Corporation signs agreement with French National Railways and AFD

ADVERTISEMENT
The Indian Railway Station Development Corporation (IRSDC) has entered into a tripartite agreement with French Railways (SNCF) and AFD, a French agency. 
 
Under this agreement signed on Monday, AFD has agreed to provide in-kind grant financing up to 7,00,000 euro, through French National Railways (SNCF)-Hubs and Connexions as a Technical Partner to IRSDC to support the railway station development programme in India. 
 
This will impose no financial liability on IRSDC or Indian Railways, an official press release said.
 
Minister of State for Railways Suresh Angadi, Jean Baptiste Lemoyne, Minister of State, Ministry of Europe and Foreign Affairs, France, Alexandre Ziegler, Ambassador of France in India and senior officers were present on the occasion.
 
“India and France have a strong and long standing prosperous partnership in the Railways sector. French Railways in the past has been associated with Indian Railways in conducting speed upgradation study for Delhi-Chandigarh section and station development of Ludhiana and Ambala stations,” Angadi said.
 
“I am sure that this effort will go a long way in further strengthening Indo-French cooperation and will help Indian Railways in positioning its stations to world-class standards,” he added.
 
NNN
 

(Our News Desk can be contacted at desk@netindian.in)

Did you like this story? Make a donation and help us to serve you better.
ADVERTISEMENT
 

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <canvas>
  • Lines and paragraphs break automatically.

More information about formatting options

© Copyright 2012 NetIndian. All rights reserved. Republication or redistribution of NetIndian content, including by framing or similar means, is expressly prohibited without the prior written consent of NetIndian Media Corporation. Write to info[AT]netindian[DOT]in for permission to use content. Read detailed Terms of Use.