Despite having the largest rail network in Asia, Indian Railways has not been able to make much progress. The reasons for its dismal growth are known. Union Railway Minister Suresh Prabhu has ambitious plans of expansion and capacity building. In this regard, he says that in the high density routes, there has been considerable underinvestment, resulting in congestion.
Category: Railways & Metro Rail
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Cabinet approves formation of SPV to major ports
The Union Cabinet chaired by the Prime Minister, Narendra Modi, gave its approval for formation of a Special Purpose Vehicle (SPV) to provide efficient rail evacuation systems to Major Ports and thereby enhance their handling capacity and efficiency.
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Indian Railways & Punjab Govt tie-up for rail projects
The Indian Railways and the Punjab Government have decided to form a joint venture company to fast track planned rail projects in the state as well as take up new projects, including creation of ultra modern railway stations and laying new railway tracks.
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16 years delay in Kashmir rail project
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.
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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.