Javelin inks pact with NEB infrastructure

New Delhi, July 25 (UNI) Javelin Technologies today signed an MoU with Bangalore-based NEB Infrastructure Pvt Ltd for the design, development and implementation of the Mass Rapid Transport System project (MRTS) in Colombo, Sri Lanka.

The MoU envisages a total work order to an extent of about 350 crore spread over the next 3 years, a company statement said.

In addition, NEB Infrastructure Pvt Ltd has been awarded the feasibility study ultimately leading to design and implements for the MRTS project in the city of Colombo by a Cabinet resolution in their sovereign authority by Sri Lankan Government through their Board of Investment Letter of intent dated May 9, 2006.

UNI DKS RA ND2158