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Srinand Jha

January 29, 2020 | Asia

IR looks to partial privatisation to boost investment

Managers with Indian Railways (IR) seem driven these days by by looking at partial privatisation to boost investment when problems become big, the exit is the best route.

January 9, 2020 | Asia

Indian Railways expands passenger privatisation plans

INDIAN Railways (IR) is expected to float tenders for the operation of 100 private services on 150 routes at the end of January, up from the 25 routes initially planned.

January 8, 2020 | Fleet

Indian railways to purchase 44 T-18 EMUs

INDIAN Railways (IR) has published global bids to procure 44 locally-built T-18 EMUs.

December 3, 2019 | High-speed

India’s high-speed project runs into political trouble

THE new chief minister of Maharashtra state, Mr Uddhav Thackeray, has announced the formation of a committee to review and suggest new methodologies for a revised contract for the Mumbai - Ahmedabad high-speed project that would prioritise the state's interest and address farmers' groups concerns.

November 29, 2019 | Financial

Indian Railways to sell stake in Container Corporation of India

BUSINESS opportunities have opened for private players and global fund managers following the Indian government’s decision last week to offload shares and transfer managerial control of the Container Corporation of India (Concor) to a strategic buyer.

November 26, 2019 | Metros

Mumbai Metro Line 3 achieves 70% tunnelling success

WITH 70% of tunnelling completed on November 22, Mumbai’s controversial 33.5km Line 3 (Aqua Line) metro project seems well on course to meet its 2021 completion deadline.

October 18, 2019 | Metros

Kolkata Metro East West Line delayed again

THE scheduled start of commercial operation on the first 5.7km stretch of Kolkata’s East West metro Line 2 connecting Sector V with Salt Lake Stadium has again been delayed.

October 14, 2019 | Infrastructure

Indian Railways to tender construction of new freight lines

INDIAN Railways (IR) is due to release two global tenders worth Rs 170bn ($US 2.4bn) to build 550km of freight lines under a public-private partnership (PPP) along the planned 1856km Eastern Dedicated Freight Corridor (DFC), which is being part-funded by the World Bank.

October 7, 2019 | Fleet

Indian Railways to procure 60 new trains

INDIAN Railways is set to offer global tenders to acquire 60 160km/h EMUs at an estimated cost of Rs 380bn ($US 5.3bn) for use on main line services.

October 3, 2019 | News

Indian Railways plans privatisation of passenger trains

INDIAN Railways (IR) has announced to plans to invite private and international operators to bid to operate passenger trains on a lease basis on 25 selected routes covering distances from 500 to 700km.

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