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.
Category: Railways & Metro Rail
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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.
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Multimodal lane to take years to start
Even as the Maharashtra government is pushing for a Virar-Alibaug multi-modal corridor that will be instrumental in creating new growth centres outside Mumbai, a key public transport element that will make the project genuinely ´multimodal´ has been put on the backburner.
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Kochi Metro Rail to start by June 2016
Kochi Metro Rail (KMRL) will commence its commercial operations on 18-km stretch from Aluva to Maharaja´s college by June 2016, a top official has said.
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Mumbai stations to be spruced up
Passengers visiting Bandra Terminus and Mumbai Central may soon get to see cleaner stations on par with airports as the railways has decided to outsource the cleanliness and maintenance work to reputed agencies.
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Kochi Metro Rail signs MoU with NPC
Kochi Metro Rail Limited and National Payment Corporation of India have signed an MoU to be associated with the roll-out of a common mobility card for greater Kochi area through the use of NPCI´s RuPay specifications for cards and payment terminals and other payment modes.
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Railways forms SPVs with States
The railways has started forming special purpose vehicles with State governments such as Odisha to undertake railway development in States.
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Light Metro rail for Indore & Bhopal
The proposed light Metro rail system in Indore and Bhopal cities will be launched before 2018, Madhya Pradesh minister Kailash Vijaywargiya has said.
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Vijaywargiya told reporters.
The light Metro services will then be introduced in Jabalpur and Gwalior to meet the growing demand of a viable public transport system, the Urban Administration and Development Minister said.