The Udhampur-Srinagar-Baramulla railway project has been delayed by over 16 years, which would result in cost overrun of Rs 17,065 crore, Parliament was informed recently.
Category: Railways & Metro Rail
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L&T Info bags $10 mn deal from Rail Vikas
L&T Infotech has bagged a $10 million deal to implement an enterprise resource planning (ERP) system at Rail Vikas Nigam Ltd (RVNL).
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NE states to get rail connectivity by 2020
The Indian Railways said most of the capitals of North Eastern states will have railway connection by 2020. ´All capital cities of North East states, including Sikkim, will be under Indian Railways map by 2020.
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Commissioning of Hyderabad Metro phase-I deferred
The commissioning of the first phase of 8-km stretch of the L&T Hyderabad Metro rail project will be taken up at a later date once this stretch touches the busy Secunderabad junction.
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Nine more cities to get Metro rail soon
The Centre is considering implementing Metro rail projects in nine cities at a cost of Rs 83,000 crore, according to Union Minister for Urban Development M Venkaiah Naidu.
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Centre should set up MRFC: E Sreedharan
E Sreedharan, who has been known for his role in development of Konkan Railway, Delhi Metro Rail and other rail related developments, suggested that the Centre should set up a Metro Rail Finance Corporation (MRFC) to arrange funding for the Metro rail developments in the country.
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Alstom producing coaches for kochi metro
Manufacture of Kochi Metro coaches commenced at Sri City manufacturing unit of Alstom Transport India Ltd.
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Railways hopeful of higher GDP growth
Indian Railways´ target of increasing freight tonnage by an incremental 85 million tonnes (mt) in 2015-16, against the traditional annual average of 50 mt, might appear ambitious, but the national transporter believes achieving such growth will not be a big task.
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Alstom bags 65 mn euro contracts from DMRC
Alstom has been awarded two contracts worth over 65 million euro (over Rs 465 crore) from Delhi Metro Rail Corporation to supply signalling, telecom and electrification solutions for the new Kochi Metro line.
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Railways, Gujarat to set up SPV
Union Railway Ministry and Gujarat government will set up a Special Purpose Vehicle (SPV) for expediting the State´s rail projects.