IRSDC signs Tripartite Agreement with French National Railways & AFD, a French Agency
11/06/2019 14:01

Indian Railway Station Development Corporation (IRSDC) on June 10, 2019 has entered into a Tripartite Agreement with French Railways (SNCF) and AFD, a French Agency. Suresh Angadi, Minister of State of Railways and H. E., Jean Baptiste Lemoyne, Minister of State, Ministry of Europe and Foreign Affairs, Government of France, H.E., Alexandre Ziegler, Ambassador of France in India and senior officers were present from both side on this occasion.

AFD a French agency, 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, under this agreement. This will impose no financial liability on IRSDC or Indian Railways.

Suresh Angadi, Minister of State said, “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. 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.”