Indian Railways, by carrying 100 million tonne cargo in March, has entered the select group of countries such as the US, China and Russia that load a billion tonne of cargo in a year. It is the second time for Indian Railways to carry such a large volumes in a month.
Category: Railways & Metro Rail
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Ernakulam-Kayamkulam line doubling to be over by 2014
The rail line doubling work of Ernakulam-Kayamkulam line through Kottayam and Alappuzha will be over by 2014-15. Minister of State for Railways Adhir Ranjan Chowdhury has said that the work is going on as per the revised schedule and this was the first time that the Railways is providing Ãâcommitted fundsÃâ for track doubling in the busy corridor.
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South Eastern Railways’ freight traffic up by 6.26%
South Eastern Railways' (SER) total originating freight traffic has been boosted thanks to a jump in movement of iron ore for domestic customers in 2012-13, over 2011-12. South Eastern Railway is a major iron ore loading zonal railway.
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Poor infrastructure is the major culprit
On account of government, efficiency can be brought by fast tracking of critical infrastructure projects and policies and ensuring completion on time,
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Centre signs 3 MoUs with state govts for rail projects
During the last three years and current year, three Memorandum of Understandings (MoUs) have been signed for construction of new railway lines with State Governments of Chhattisgarh, Jharkhand and Rajasthan. This information was given by the Minister of State for Railways Adhir Ranjan Chowdhury in written reply to a question in Lok Sabha
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Kochi Metro project gets Rs 298 cr from Kerala govt
Rs 297.75 crore has been sanctioned for Kochi Metro by the Kerala government on March 28. Out of this, Rs 88.50 crore is State Government's equity share and Rs 209.25 crore is for land acquisition. The State government had sanctioned Rs 19 crore for preparatory works as equity share.
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‘Delhi Metro is one of world’s best transportation systems’
After travelling in the Delhi Metro train on March 25
former President APJ Abdul Kalam was effusive about Delhi Metro Rail Corporation for creating a 'culture of excellence'. It was Kalam's maiden ride on the Indian capital's Metro train. Kalam boarded the train at Central Secretariat station and travelled up to Rajiv Chowk where he saw the interchange arrangements for Jahangirpuri-HUDA City Centre (Yellow Line) and Dwarka Sector 21-NOIDA City Centre (Blue Line) corridors.
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Railways slashes charges for moving containers
The Indian Railways has decided to charge less for moving some categories of containers. After deciding, in November 2012, to raise haulage rates by up to 31 per cent in two installments Ãâ in December 1, 2012, and February 1, 2013, the Railway Ministry has now decided to lower the rates by five per cent in two segments Ãâ 10-20 tonne cargo in twenty feet equivalent unit (TEU) containers, and 20-40 tonne cargo in forty feet equivalent (FEU) containers.
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Railways to revise passenger fares in Oct
As part of an exercise to introduce a fuel adjustment component (FAC) in passenger segment, the Indian Railways would revise passenger fares in October. According to the FAC policy, the freight and passenger rates would be revised twice a year, keeping in mind the proportionate movement in diesel and electricity prices.
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Hyd Metro’s non-ticket revenues to contribute 50%
Hyderabad's 72-km Metro Rail project is based on a revenue model of 50 per cent from passenger fares, 45 per cent from property development and 5 per cent from advertisement and other miscellaneous sources. The Rs 14,132-crore project, being implemented under the public, private partnership mode by concessionaire L&T, has a viability gap funding from the Central Government to the tune of Rs 1,458 crore while the remaining Rs 12,674 crore is being raised by L&T, which has already achieved financi