Railways to buy high-speed locomotives from foreign suppliers
The Dollar Business Bureau The government is currently working on a plan to upgrade Indian railways, as the Ministry of Railways has announced Rs.500 crore investment to purchase high-speed locomotive and technology from global high-speed train manufacturers and suppliers. In the first phase, the government will float a global tender to acquire ten high-speed electric locomotive trains with a capacity to run at 200 kmph and beyond. The Delhi-Mumbai and Delhi-Kolkata rail corridors will be upgraded first, making them suitable for clocking 200 kmph speed. At present, Shatabdi, Rajdhani and Duronto trains run at a maximum speed of 130 kmph on Delhi-Kolkata track. Only one high-speed train, Gatimaan Express, is running at 160 kmph on the Delhi to Agra route. The successful bidder will take responsibility of ...
RITES delivers 60 modern passenger coaches to Bangla
The Dollar Business Bureau RITES Ltd, a Public Sector Unit under Indian Railway Ministry, traded over 60 advanced passenger coaches with Bangladesh Railways. The Ministry of Railways, in a release, stated that the RITES delivered 60 Broad Gauge coaches (LHB category) to Bangladesh as a part of the agreement inked for 120 coaches. Bangladesh Prime Minister Sheikh Hasina, along with Harsh Vardhan Shringla, High Commissioner of India and Bangladesh’s Railway Minister Mazbul Haque, flagged off an intercity train comprising the LHB coaches at Dhaka. Two trains, encompassing 12 coaches each, will be employed to operate between Dhaka and Rajshahi. The 12 coaches are inclusive of 2 power cars, 2 AC chair cars, 2 first AC sleeper cars and 6 non-AC chair cars. These modern stainless ...
India to sign deal with Japan for first bullet train
Source: PTI India is set to sign a deal with Japan this week on the country's first bullet train, with Tokyo financing the bulk of the high-speed-rail project between Mumbai and Ahmedabad through a $8-billion loan, a leading Japanese business daily reported on Tuesday. Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe will issue a joint statement on the deal on Saturday during latter's visit to India, The Nikkei reported. Abe will convey an offer of more than $8.1 billion in official Japanese lending for the roughly $14.6 billion project to link Mumbai and Ahmedabad with 505km railway line, it said. “The two sides are discussing financing terms that would disburse about 100 billion yen a year over ...
