Texmaco takes up Rs.435 cr rail contract

Texmaco Rail and Engineering has recently bagged $67.7-million (Rs.435 crore) contracts from the Bangladesh Railway for the construction of a rail route between India and Bangladesh. The company has been awarded a contract for the construction of 45 km dual gauge railway line, including railway stations’ buildings, level crossing gates and a customs house building through North-Eastern Border area in Maulavibazar district of Bangladesh adjoining Karimganj in Assam. The rail route is expected to enhance trade and passenger transportation between the two countries by opening a new customs check post. The line segment is planned to be constructed within 18 months by the EPC Division named as Kalindee Rail Nirman wing of the company, said an official spokesperson.