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Texmaco bags Rs. 200 cr Agartala-Akhaura Rail link project

By Swati Deshpande,

Added 17 May 2018

EPC project for section of Trans Asia Railway Network to be completed by 2019

Adventz Group's Texmaco Rail & Engineering Limited has been awarded a project (of about INR 200 crores) to construct the 45-km-dual-gauge line between Agartala in Tripura and Akhaura, a sub-district of Chittagong in Bangladesh. This project is scheduled to be completed in 18 months.

Part of India's $4.5 billion third line of credit extended to Bangladesh for its infrastructure and social sector development, 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. Once completed, the railway link is expected to cut the distance between Agartala and Kolkata by more than 1,000 km. Further, it will enhance India's access to Chittagong port, considered to the heart of Bangladesh economy.

Sandeep Fuller, the Executive Director of Adventz Group's Texmaco Rail & Engineering Ltd, said: "The Agartala-Akhaura railway link is a watershed project in ways more than one. It is a matter of pride that with this project Adventz will contribute to the Trans Asia Railway Network and also in efforts to boost bilateral trade and cooperation between the two countries. The rail link -- as Prime Minister Narendra Modi envisions - will affect 'transformation through transportation'. For Tripura, the railway line will mean enhancing regional access in ways other than by air or the states only national highway, NH44. We see the project as an opportunity for the Adventz Group to showcase our EPC expertise once again, not just in India but across the border too. Adventz's long-standing experience in helping Bangladesh with its infrastructure makes us quite the entity with insights into the country's needs and thus ready to fulfil them."

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