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.