India, Nepal launch three projects, including cross-border rail line and RuPay card

India, Nepal launch three projects, including cross-border rail line and RuPay card

India, Nepal launch three projects, including cross-border rail line and RuPay card

India and Nepal launched three projects, including the Jaynagar-Kurtha cross-border railway line, during the meeting between Prime Minister Narendra Modi and visiting Nepal PM Sher Bahadur Deuba today. The projects launched include: Launch and operationalisation of the 35 km long cross border rail link from Jaynagar in Bihar to Kurtha in Nepal, built with Indian assistance, and Inauguration of the 90 km long 132 KV Solu Corridor transmission line built with Indian Line of Credit at a cost of INR 200 crore The two sides also witnessed launch of the RuPay Card in Nepal and witnessed a video clip on the progress in construction of the 132 Health facilities in Nepal, undertaken with a US$ 50 million grant from India in post-earthquake reconstruction.

The two sides exchanged Documents, including: Handover by Nepal of the International Solar Alliance Framework Agreement; Exchange of MoU on enhancing Technical Cooperation in the Railway Sector; Exchange of Agreement on Supply of Petroleum Products between IOC and Nepal Nepal Oil Corporation; Exchange of Agreement for sharing of Technical Expertise between IOC and Nepal Oil Corporation The two sides announced the joint vision statement on bilateral power sector cooperation. 

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