India, France Ink Pact On Railway Modernisation

Suresh Angadi and Jean Baptiste Lemoyne witnessing the signing ceremony of an Tripartite Agreement between IRSDC, SNCF and AFD
Suresh Angadi and Jean Baptiste Lemoyne witnessing the signing ceremony of an Tripartite Agreement between IRSDC, SNCF and AFD

Indian Railway Station Development Corporation (IRSDC) on Monday entered an Tripartite Agreement with French Railways (SNCF) & AFD, a French Agency.

The occasion was graced by Suresh Angadi, Minister of State of Railways; Jean Baptiste Lemoyne, Minister of State, Ministry of Europe and Foreign Affairs, Government of France; Alexandre Ziegler, Ambassador of France in India and several senior officers from both sides.

Under this agreement, 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 Program in India.

"India and France have a strong and long standing prosperous partnership in the Railway sector. French Railways (SNCF) in the past has been associated with Indian Railways in conducting speed upgradation study for Delhi-Chandigarh section and station development of Ludhiana & Ambala stations," said Suresh Angadi.

"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," Angadi further added.

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