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Railways start work on Rs 15 bn project in Andha

Railways start work on Rs 15 bn project in Andha

The Indian Railways started work on the Rs 1,500 crore project in Andhra Pradesh. The project, which involves doubling or electrification, is spread over 221 km covering 51 railway stations. It would cover Vijayawada-Gudivada-Machilipatnam, Gudivada-Bhimavaram, Narsapur-Bhimavaram-Nidadavolu secti

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Rail Budget proposes Rs 634 bn investment in FY14

Rail Budget proposes Rs 634 bn investment in FY14

Union Railway Minister Pawan Kumar Bansal announced a planned investment of Rs 63,363 crore for 2013-14, including Rs 600 crore from public private partnership (PPP) route. He said this while presenting the railway budget for 2013-14 in Parliament today.

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ADB loan to Railways

ADB loan to Railways

The Asian Development Bank (ADB) would extend loans of up to $500 million to Indian Railways to improve services along some of the busiest freight and passenger routes.

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