Eastern Railway (ER) has set a record in freight traffic by loading 62.558 million tonnes in 2013-14, which was 3.73 per cent higher than the previous year. This was stated by RK Gupta, General Manager, Eastern Railway. Speaking on the occasion of the 59th Railway Week, Gupta highlighted the performance of ER during 2013-14.
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Diamond rail link may tap sovereign funds
The new government's big infrastructure project idea of a 'diamond quadrilateral railway project' to connect all the four metropolitan cities with high-speed rail, could mean a tapping of sovereign wealth funds to finance the mammoth cost, estimated to be at least Rs 12 lakh crore.
V.K.Gupta Takes Over as Member Engineering, Railway Board
Shri. V.K.Gupta has taken over as new Member Engineering, Railway Board & Ex-officio Secretary to the Govt. of India. He succeeds Shri S.K.Jain who has superannuated from Railway Services. Prior to this appointment, Shri V.K. Gupta was General Manager, Northern Railway from 15.6.12 to 12.5.2014.
Belonging to the Indian Railway Services of Engineering of 1976 batch, Shri V. K. Gupta has graduated from Punjab Engineering College, Chandigarh with a Bachelors in Civil Engineering. Shri Gupta has
SR freight traffic goes up
Southern Railway (SR) freight loading has for the first time crossed the 40-million tonne (mt) mark. Rakesh Misra, General Manager, Southern Railway, said that during 2013-14, the zonal railway had recorded its best-ever loading of 42.403 million tonne of freight.
DFCC will encourage use of latest technological innovations
Speaking with Janaki Krishnamoorthi, RK Gupta, Managing Director, Dedicated Freight Corridor Corporation of India Ltd provides an update on the Dedicated Freight Corridor project.
Minister rejects rumours on UN advice for PPP projects
Planning Minister Rajeev Shukla denied rumours that the United Nations suggested India to avoid public-private partnership (PPP) model for developing infrastructure. It may be recalled that a recent study by the UN found that PPP model for infrastructure sector need not lead to improved disaster risk assessment and man
Group to discuss Rs 1 trillion worth infra projects
The Steering Group, headed by the Principal Secretary to the Prime Minister, would hold its maiden meeting on July 19, 2013. During the meeting, the group would discuss the preparation and award of key infrastructure projects with an estimated cost of Rs 1 lakh crore. These projects include- Mumbai Elevated Rail Corridor Project, two locomotive projects, accelerating Eastern Dedicated Freight Corridor, an expressway proj
Rail projects in Karnataka get additional Rs 6 bn funds
In 2013-14, the central government would spend an additional Rs 300 crore on railway projects in Karnataka, while the state government would contribute an equivalent amount for these projects. Thus, a total of Rs 600 crore would be spent on rail projects in the state during the current financial year over and above what was budgeted. The Union Railway budget 2013-14 allocated Rs 900 crore for rail projects in the state. Including electrification and doubling of tracks, it would top Rs 1200 Rs 1
Gujarat govt sets up SPV to implement Rs 50 bn project
The Gujarat government set up a special purpose vehicle with an initial authorized capital of Rs 200 crore to implement a dedicated regional rail system project. State-run RITES is learnt to have submitted to the Gujarat government, the final feasibility report for the project, which is expected to cost Rs 5,000 crore at the current price. Initially, the estimated cost of the project was Rs 2,500 crore in
Plan panel to decide on Rs 42.6 bn rail project
The Planning Commission would decide on whether whether to clear the Rs 4266.88 crore railway line project between Karnataka and Kerala. Of the estimated cost Rs 4266.88 crore, the cost of laying 72-km railway line between Nanjangud and Sulthan Bathery is estimated at Rs 764 crore. The Nilgiris-Wayanad National Highway and Railway Action Committee (NWNHRAC) has updated the earlier survey on the 236-km rail line project and has sent the repo