Posts Tagged ‘loans’


2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec


Opinion – Put the tracks in order first

Tuesday, February 5th, 2008

The GMR proudly announced recently that with the arrival of 100 new carriages from China, the railway service will greatly improve.
What has happened to the railways during the last few days with almost a derailment or a railway accident per day will prove his statement wrong.
The GMR for some unknown reason hurriedly ordered hundred railway [...]

Twenty power sets from India

Sunday, October 28th, 2007

The Railway Department’s General Manager, Dr. Lalithasiri Gunaruwan said that discussions are under way to purchase 20 power sets from India under a credit line.
India has also pledged a concessionary loan facility to improve the Southern railway line under the tsunami reconstruction. The Indian power sets are in addition to the 15 power sets ordered [...]

More locomotives for Sri Lanka Railway

Saturday, October 27th, 2007

Sri Lanka Railway Department General Manager Lalithasiri Gunaruwan says that discussions are underway to purchase 20 power sets from India under a credit line.
India has also pledged a concessionary loan facility to improve the Southern railway line under tsunami reconstruction.
The Indian power sets are in addition to the 15 power sets ordered from China that [...]

Railway fare hike inevitable

Sunday, September 30th, 2007

The Railway Department will increase train fares to offset an annual loss of Rs. 3,981 million as a result of the soaring world oil prices and an accumulated loss for the past three decades, a spokesman for the Railway Department told the Sunday Observer.
The annual loss the Railway Department has been increasing for the past [...]


2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec