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Indian Railways
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 20, 2019
|
Fleet
Nine bids for Indian Railways station CCTV contract
NINE companies have bid for a Rs 10bn ($US 139.2m) Indian Railways (IR) project to install 100,000 CCTV cameras in stations and onboard trains.
November 7, 2019
|
Infrastructure
Six bidders vie for Indian Railways ETCS Level 2 pilot project
SIX companies have responded to an Indian Railways (IR) tender to install ETCS Level 2 on 650km of lines at an estimated cost of Rs 15bn ($US 211.4m).
October 25, 2019
|
Fleet
IR to create locomotive and passenger coach subsidiaries
INDIAN Railways (IR) has revised plans announced in June to merge eight of its production units into one corporation and now says it will form two subsidiaries instead.
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.
August 8, 2019
|
Asia
Indian Railway’s privatisation moves face union backlash
INDIAN Railways (IR) has received a backlash from its 130,000 employees after it released an official circular that recommends “compulsory retirement” for staff aged 55 and older who fail to pass a performance review.
July 5, 2019
|
Uncategorized
India looks to PPPs to accelerate rail investment
PLANS to accelerate the development of India’s main line and urban rail networks through public-private partnerships were unveiled as part of the 2019-2020 Union Budget, which was announced on July 5.
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