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Bangladesh signs deals for 12 projects under Indian credit

Star Business Report
Bangladesh has so far signed contracts for 12 projects worth $654.71 million with India for developing its infrastructure under the neighbour's $1 billion line of credit.
Of the projects, bidding for four projects is under process, while letters of credit (LC) for another four have been opened. The rest are waiting approval or are in a pre-bid process, according to India High Commission data.
Under the first project, Bangladesh will buy 300 double-decker buses, 100 single-decker buses and 50 articulated buses (having two sections linked by a joint) at a cost of $36.85 million. A total of 91 double-decker buses have already been delivered by Ashok Leyland
and 35 are in transit.
The final delivery for the rest of the double-decker buses will be made by the end of October.
Ashok Leyland will start delivering the single-decker and articulated buses four months after opening of the LCs.
The second project to procure 180 broad gauge bogie oil tank wagons and six broad gauge bogie brake vans from Indian Texmaco Rail Engineering Ltd will cost $17.38 million.
The LC was opened in March this year and the first delivery is expected in the same month next year.
Under the third project, a second Bhairab and second Titas bridge with approach rail lines will be constructed at a cost of $120
million. A contract was signed with STUP Consultants Pvt Ltd of India in November last year.
The mobilisation advance for $0.54 million was released in May, and the feasibility study and design will be complete by September.
The bidding will then take place.
Under the fourth project, 10 broad gauge diesel electric locomotives wall be procured at a cost of $33,048 million.
A contract to this effect was signed with RITES, an enterprise of the Indian government, in January and the LC was opened in March.
The mobilisation advance for $9.32 million was released in June and delivery is expected in March next year.
Bangladesh signs deals for 12 projects under Indian credit
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The $7.43 million contract for the fifth project to buy 100 metre gauge bogie tank wagons and five metre gauge brake vans was signed with Texmaco Rail Engineering Ltd in March and the LC was opened in May.
Delivery is expected in March 2013.
Under the sixth project, 30 broad gauge diesel electric locomotives will be purchased from India and a contract for this has been signed with RITES in June this year.
Bangladesh Railway will now open an LC.
Construction of the Khulna-Mongla port rail line, including a feasibility study, under the seventh project, will cost $175 million.
A contract for feasibility services, detail designs, tendering and construction supervision was signed with Egis India Consulting Engineers Pvt Ltd Co in June.
Apart from the seven projects, the bidding for four other projects is ongoing.
The projects involve procurement of 50 metre gauge flat wagons and five metre gauge brake vans with air brakes to carry containers at a cost of $2.9 million; purchase of 170 metre gauge flat wagons and 11 metre gauge bogie brake vans with air brake systems to carry containers at a cost of $9.49 million; construction of the third and fourth dual gauge rail track between Dhaka and Tongi and doubling of dual gauge tracks between Tongi and Joydevpur at a cost of $88.38 million, and procurement of six dredgers at a cost of $67.43 million.
Besides, the bidding to procure 10 sets of broad gauge diesel electric multiple units worth $35.86