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Sri Lanka to borrow US$ 1.85 bn from Japan for light rail project
17km light rail service between Colombo Fort and Malambe to have 16 stops
Loan to be given at 0.1% interest rate; payback time 40 years with a grace period of 12 years
To be given in 6 installments between 2019 and 2024; first installment is US $ 260 mn
The Japan International Cooperation Agency (JICA) has agreed to lend US $ 1.85 billion to Sri Lanka to build a light rail transit (LRT) service between Colombo Fort and Malambe to ease the congestion in the country’s capital city.
The Finance and Mass Media Ministry in a statement yesterday said the funds will be borrowed at the concessionary interest rate of 0.1 percent, to be repaid within a 40-year period with a 12-year grace period.
The loan will be given in 6 instalments between the period 2019 and 2024. Sri Lanka will get US $ 260 million as the first instalment. Technical assistance for the 17km long rail project with 16 stops will also be provided by JICA.
The Cabinet of Ministers this week approved a proposal by the Finance and Mass Media Minister Mangala Samaraweera to hold negotiations and enter into an agreement with JICA in this regard.
The project will operate under the Megapolis and Western Development Ministry, and the work is expected to begin shortly.
The traffic in Colombo and the suburban areas has worsened in recent years with more and more people gathering to cities looking for better economic prospects.
It was estimated that 18.38 percent of Sri Lanka’s total population in 2017 lived in urban areas and cities.
The quality of Sri Lanka’s public transport has hardly improved during the last decade, and as a result the number of personal vehicles on the road has risen exponentially.
Due to the existing poor public transport system, purchasing a personal vehicle of some kind—a motorbike or a small car has become the dream of every youngster joining the country’s workforce.
Sri Lanka’s vehicle import tax policy is manipulated by politicians during election times to sway public opinion in the hope of getting re-elected.
Although a light railway system may address the congestion on the roads of Colombo to a certain extent, the financial viability of such a project, if it is to be run by the State, is yet to be determined.
http://www.dailymirror.lk/article/Sr...ct-160701.htmlLeave a comment:
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Sri Lanka's first ever electric railway system to be constructed
The Department of Railways is to construct Sri Lanka’s first ever elevated Light Rail System powered solely by electricity to travel from Fort Colombo to Malapalla, Kottawa.
It will be constructed in the areas along the Kelaniweli tracks.
The project which is already approved by the Cabinet is expected to be completed by the end of 2022 and is funded by the Asian Development Bank. The Department’s General Manager confirmed that the dual line system will see a train operate every five minutes.
The second phase of this project will be from Kottawa to Padukka and the third will be from Padukka to Avissawella.
https://www.newsfirst.lk/2018/12/12/sri-lankas-first-ever-electric-railway-system-to-be-constructed/COLOMBO (News 1st) - The Department of Railways is to construct Sri Lanka's first ever elevated Light Rail System powered solely by electricity to tra - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.Leave a comment:
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Good news! Any latest pictures of Matara-Beliatta railway line? Do they have plans to operate direct trains from Colombo to Beliatta ?Jan 04, Colombo: The first train service on the newly constructed Matara-Beliatta railway line is scheduled to be launched on Sunday.
The Ministry of Transport and Civil Aviation says the 36 kilometer extension of southern coastal rail line from Matara to Beliatta is completed and the first train will be run on the line on Sunday (06) to observe the operation on the new track.
Minister of Transport and Civil Aviation Arjuna Ranatunga will be the chief guest at the occasion.
The 113-kilometer railway line from Matara to Kataragama is to be completed in three phases and the Matara to Beliatta segment is the first phase of the project.
The second phase of the project is the 48 kilometer segment from Beliatta to Hambantota and the in the third phase the track will be extended another 39 kilometers from Hambantota to Kataragama.
Construction of the Matara to Beliatta section at a cost of US$ 278 million was carried out by a Chinese company with the funding from China Exim Bank. Supervision is being carried out under the guidance of the Central Engineering Bureau.
Main stations have been constructed at Kekunadura, Bambarenda, Wevurukannala and Beliatta. Two sub stations have been setup at Piladuwa and Veherahena.
About 10 percent of the railway track has been built as flyovers. A flyover of one kilometer was built from Matara to Kekunadura. The flyover from Bambaranda to Vavurukannala is the tallest and the longest railway bridge in Sri Lanka.
The main railway station at Beliatta has a length of 300 meters and it will have three platforms.
Underground tunnels have been made for the passengers to move across the platforms at the four main railway stations.Leave a comment:
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Jan 04, Colombo: The first train service on the newly constructed Matara-Beliatta railway line is scheduled to be launched on Sunday.
The Ministry of Transport and Civil Aviation says the 36 kilometer extension of southern coastal rail line from Matara to Beliatta is completed and the first train will be run on the line on Sunday (06) to observe the operation on the new track.
Minister of Transport and Civil Aviation Arjuna Ranatunga will be the chief guest at the occasion.
The 113-kilometer railway line from Matara to Kataragama is to be completed in three phases and the Matara to Beliatta segment is the first phase of the project.
The second phase of the project is the 48 kilometer segment from Beliatta to Hambantota and the in the third phase the track will be extended another 39 kilometers from Hambantota to Kataragama.
Construction of the Matara to Beliatta section at a cost of US$ 278 million was carried out by a Chinese company with the funding from China Exim Bank. Supervision is being carried out under the guidance of the Central Engineering Bureau.
Main stations have been constructed at Kekunadura, Bambarenda, Wevurukannala and Beliatta. Two sub stations have been setup at Piladuwa and Veherahena.
About 10 percent of the railway track has been built as flyovers. A flyover of one kilometer was built from Matara to Kekunadura. The flyover from Bambaranda to Vavurukannala is the tallest and the longest railway bridge in Sri Lanka.
The main railway station at Beliatta has a length of 300 meters and it will have three platforms.
Underground tunnels have been made for the passengers to move across the platforms at the four main railway stations.Leave a comment:
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Class M11 949 Maiden Trial Run to Anuradhapura with 12 compartments
When it's going to enter in revenue service?Leave a comment:
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M11 is in colors similar to Indian Railways. Will it get paintwork in Sri Lanka?The power of the engine as I heard is 3300HP not 4500HP. It is power by a GM EMD corresponding 710 V12 engine model. Wonder if this locomotive is shorter than the Indian counter part due to the shorter engine block. Anyway let's hope everything goes smoothly and this locomotive would be a successful logistics work horse.
When will the S13 start operations? It looks quite odd really, it has got a aerodynamic front of a modern metro train coupled to a bottom which looks like a cow catcher of a steam locomotive. Hilarious really.Leave a comment:
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The power of the engine as I heard is 3300HP not 4500HP. It is power by a GM EMD corresponding 710 V12 engine model. Wonder if this locomotive is shorter than the Indian counter part due to the shorter engine block. Anyway let's hope everything goes smoothly and this locomotive would be a successful logistics work horse.
When will the S13 start operations? It looks quite odd really, it has got a aerodynamic front of a modern metro train coupled to a bottom which looks like a cow catcher of a steam locomotive. Hilarious really.Leave a comment:
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It was at the ELS all these days, and only yesterday it was taken to the Ratmalana Mechanical Engineering Workshops.
Here you can see it in my video;
Last edited by Haleef; 09-12-2018, 11:53 AM.Leave a comment:
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Does anyone know which shed the class M11 is handed to? Is it dematagoda running shed or ELS.
S13 as I know would be handed to HLS.Leave a comment:
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