Implementing the first PPP in rail couldn't have been easy. While he prepares to enter into more JVs with the rail ministry, Pankaj Malviya, MD, Pipavav Railway Corporation Ltd (PRCL), explains to Shilpi Aggarwal how a clause helped bring down operational costs from nearly 100 per cent to just over 50 per cent
Tag: Infrastructure Today
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Modernise … now!
The development of the facilities recommended by the railway modernisation committee will go a long way in making India self-reliant in railway technologies, writes Mohit Sinha.
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IR spends only 30 Percentage of capital required for technology
Indian Railways has to go in a big way to adopt IT in many areas as the requirement is huge. At the same time, funds allocated for such activities is inadequate showing that technology adoption is not on top of the Railway's budgetary allocation, or agenda. Sunil Kumar, Managing Director, Centre for Railway Information System (CRIS), speaks with Sumantra Das.
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Marine insurance Manage most probable risks
In a slowing economy, it's important that the industry reengages itself in an optimal risk management exercise to provide adequate protection to an already strained balance sheet, says Vikash Khandelwal. In the second episode of our insurance insight series, he writes about marine insurance.
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Rinac forays into refrigerated transportation
Rinac India, an integrated engineering solutions company offering end -to-end engineering solutions for the food preservation and construction industries, has forayed into the refrigerated transportation segment with the launch of its latest offering, the Chill Kart.
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APM Terminals wins award
APM Terminals India has won the 'Best Inland Service Provider' award at the recently concluded 7th Annual Express, Logistics and Supply Chain Conclave 2013.
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Bombardier wins order from DMRC
Bombardier Transportation has won a major new order from Delhi Metro Rail Corporation (DMRC) to provide the first driverless unattended mass transit solution in India.
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GMR divests majority stake in GUEL
In line with GMR Group's Asset Right and Asset Light Strategy, GMR Highways has signed a definitive agreement with India Infrastructure Fund (IIF) to divest 74 per cent stake in GMR Ulundurpet Expressways (GUEL).
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Strata acquires equity in Geo Soluc)es
Strata Systems, Inc announced its acquisition of 50 per cent of the equity in Geo Soluc)es of Brazil.
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Kirby organises seminar
Kirby India recently organised an interactive technical seminar at Hyderabad focusing on the Indian IS 800:2007 design codes. Chaired by SR Satish Kumar, professor at the Indian Institute of Technology Chennai and a member of the standing committee of advisors for the code, the seminar was attended by the entire structural design team from Kirby India.