The Shipping Ministry is looking at setting up a special purpose vehicle (SPV) for all major ports to provide last-mile rail connectivity.
Tag: Indian Railways
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Goods earning up by 14.72% in July
Indian Railways reported an increase of 14.72 per cent in its revenue from transporting freight during July, which stood at Rs 7,909.35 crore from Rs 6,894.61 crore earned during the corresponding period of last fiscal.
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New Board of Trustees at CHPT
The Union government has reconstituted the Board of Trustees of Chennai Port (ChPT) for a period of two years from April 2014 to March 2016. Chairman Atulya Misra has been retained as ex-officio chairman of the trust. The reconstituted board has 20 members. There are seven ex-officio members on the board representing the Ministry of Shipping, Customs, State government, the Defence Services, Indian Railways, Coast Guard and Mercantile Marine Department.
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IR earnings at Rs 1,26,028 crore
The total approximate earnings of Indian Railways (IR) on originating basis during 1 April 2013 to 28 February 2014 were Rs 1,26,028 crore compared to Rs 1,12,017 crore during the same period last year.
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Increased load brings relief
Indian Railways (IR) expected to exceed the Budget loading target for this financial year, a first in five years, Railway Minister Mallikarjun Kharge said while presenting the interim Railway Budget 2014-15. He said this financial year, loading would be at 1,052 million tonne (mt), against the Budget target of 1,047 mt. The target for 2014-15 has been set at 1,101 mt, the highest in recent times. In 2012-13, loading was at 1,008 million tonnes (mt), against the Budget estimate of 1,025 mt.
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Railways to improve aesthetics at stations
As part of its green initiative, the Indian Railways will promote use of renewable and clean energy in 26 buildings, 200 railway stations and 2,000 level crossing gates across the country in the next fiscal. The move also includes making arrangements of ĂÂŽwatch and wardĂÂŽ staff to check open defecation and littering near stations. Highlighting the initiatives in the rail budget for 2014-15, Railway Minister Mallikarjun Kharge also proposed to create ĂÂŽGreen CurtainsĂÂŽ through landscaping and plantat
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We enable reduction in industry input costs
Pradeep Kumar Kharola, MD, Bangalore Metro Rail Corporation Ltd (BMRCL), tells Shashidhar Nanjundaiah that efficiency-of commute and technology-is the key mantra for the city's metro rail system, another "reach" of which will be operational soon.
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Railways invites tender for 11,728 wagons
After a gap of more than two years, the Indian Railways will procure wagons. A tender has been floated for a total of 11,728 wagons of six types, including the standard ones for coal and iron or
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Dip in Railways’ October freight load
For Indian Railways, October proved to be a bad month in freight loading. There was a drop of 1.67 million tonne during the month. The reason was major freight loading zonal railways were hit by the inclement weather, particularly cyclone Phailin.
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Now improved headlights for locomotives
For brighter visibility of tracks, especially at locations with bends, East Coast Railway (ECoR) has designed, developed and provided 'Four Beam Headlights' on its locomotives. The headlights are first of its kind in Indian Railways. Generally, the locomotives run on Indian Railways are fitted with Twin Beam Headlights where the focus is on a straight line.