India and Nepal on August 31, 2018, signed a Memorandum of Understanding (MoU) on conducting a preliminary survey of a railway line connecting Indian border town Raxaul to Nepal’s capital Kathmandu. The agreement was signed by Indian Ambassador to Nepal Manjeev Singh Puri and Nepal’s Secretary of Ministry of Physical Planning and Works, Madhusudan Adhikari in Kathmandu in the presence of Prime Minister Narendra Modi and Nepal’s Prime Minister K P Sharma Oli. The MoU was signed on the sidelines of the 4th summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) that concluded in Kathmandu.
1. The agreement was signed on the preliminary engineering-cum-traffic survey, to be conducted on the broad gauge rail line between Raxaul and Kathmandu.
2. The Indian technical team has already started working on the pre-feasibility study since the announcement of constructing the railway was made in April.
3. India’s state-owned company, Konkan Railway Corporation Ltd, has been entrusted to conduct the survey of the new railway.