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Showing posts with the label Piyush Goyal

Bus-in-air project tender to be floated by August 15

Nagpur: Urban transport in the country is scaling new heights. After the metro rail, another ambitious project is taking shape – Bus-in-Air – project. This will be a 150-seater bus project that will be plying air. This project will soon be launched by Nitin Gadkari, the city MP and Union minister for road transport, highways and shipping. Gadkari also shared that the tender will be finalised by August 15. The project to be launched will cover the 70km stretch from Dhaula Kuan and Manesar (near New Delhi). Gadkari informed that this will be a unique urban mobility solution project among all the rapid transport services. He added that such projects are need, given the higher consumption of petrol and diesel. It will also help in easing traffic situations. A big round of applause was conferred to Gadkari by the finance minister and railway minister Piyush Goyal and CM Devendra Fadnavis. While the project was shared with the public for the first time, famous publication Times ...

ICF to introduce 3,000 more train coaches this year

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Chennai: The Integral Coach factory  (ICF), Indian Railways coach manufacturing unit in Chennai is ready to manufacture 3,000 coaches in this financial year (2018-19). Yet officials in the railway board has asked them to cut down the production to 2,400 coaches, said the source. [caption id="attachment_12906" align="alignnone" width="900"] Rail Coach Factory (Representation Image)[/caption] This was brought to the notice of Union railway minister Piyush Goyal during his meeting at ICF on Thursday evening. Goyal was told by ICF officials that the directives of a section of Railway Board officials are contrary to Goyal"s own orders as well as the NDA government"s " Make in India " plan. After he was briefed, Goyal called the railway board officials as well as instructed his personal secretary that ICF"s coach manufacturing plans should not be scaled down at all. "The minister wants ICF to manufacture at least 6,000 coaches eve...

Indian Railways to invest $11bn into signalling and communication system project

New Delhi: Indian Railways plans to invest $11bn into a signalling system project across the country to improve the safety of journeys. “We will bring the most modern technology of European Train Control System (ETCS) in India and it will be implemented across the country”, Union Minister of Railways Piyush Goyal said. The South Western Railway division of the Indian Railways has produced a pre-feasibility report for the 160km Bengaluru suburban railway in the southern state of Karnataka, which was approved in 2014 but no work has been completed. This railway would require an investment of $1.8bn. According to Goyal, 68km of the suburban railway network will be raised. Indian Railways also plans to invest $7.6bn to modernise the stations and deliver advanced rail coaches. The company has also proposed an equal cost-sharing arrangement between itself and Karnataka. “We can do a cost sharing of 50-50 between the state government and the Indian railways and against ...

Indian Railways to invest $11bn into signalling and communication system project

New Delhi: Indian Railways plans to invest $11bn into a signalling system project across the country to improve the safety of journeys. “We will bring the most modern technology of European Train Control System (ETCS) in India and it will be implemented across the country”, Union Minister of Railways Piyush Goyal said. The South Western Railway division of the Indian Railways has produced a pre-feasibility report for the 160km Bengaluru suburban railway in the southern state of Karnataka, which was approved in 2014 but no work has been completed. This railway would require an investment of $1.8bn. According to Goyal, 68km of the suburban railway network will be raised. Indian Railways also plans to invest $7.6bn to modernise the stations and deliver advanced rail coaches. The company has also proposed an equal cost-sharing arrangement between itself and Karnataka. “We can do a cost sharing of 50-50 between the state government and the Indian railways and against ...

Indian Railways plans Rs 10 lakh-crore pan-India high speed bullet train network

New Delhi: One of Prime Minister Narendra Modi’s key electoral promises was a high speed rail network . And this is a promise he intends to keep. Over the past couple of years, concrete steps have been taken in that direction. If the rail budget in 2016 laid further groundwork necessary for the ambitious bullet train project, Budget 2017 did one better: Rs 18,000 crore was allocated to upgrade the Delhi-Mumbai and Delhi-Howrah corridors to allow trains to run at 160 kmph, against 70-90 kmph currently. But the best is apparently to come. A top rail ministry official has told that the Indian Railways is set to announce a massive Rs 10 lakh-crore plan to construct high-speed train corridors connecting all the major cities next month. Covering almost 10,000 kilometres, the new rail lines will allow trains to run at 200 kmph. The Railways is reportedly also exploring options such as building single pillar, two track elevated corridors on top of existing/upcoming national highways or b...

Indian Railways plans Rs 10 lakh-crore pan-India high speed bullet train network

New Delhi: One of Prime Minister Narendra Modi’s key electoral promises was a high speed rail network . And this is a promise he intends to keep. Over the past couple of years, concrete steps have been taken in that direction. If the rail budget in 2016 laid further groundwork necessary for the ambitious bullet train project, Budget 2017 did one better: Rs 18,000 crore was allocated to upgrade the Delhi-Mumbai and Delhi-Howrah corridors to allow trains to run at 160 kmph, against 70-90 kmph currently. But the best is apparently to come. A top rail ministry official has told that the Indian Railways is set to announce a massive Rs 10 lakh-crore plan to construct high-speed train corridors connecting all the major cities next month. Covering almost 10,000 kilometres, the new rail lines will allow trains to run at 200 kmph. The Railways is reportedly also exploring options such as building single pillar, two track elevated corridors on top of existing/upcoming national highways or b...

IC-TRAM 2017 | Technology along with managerial excellence can chart a new trajectory

New Delhi: Hon’ble Vice President of India, Shri Shri M. Venkaiah Naidu inaugurated an International Conference on Technological Advancements in Railway and Metro Projects (IC-TRAM 2017) and an Exhibition  on October 6 – 7, 2017 at New Delhi. The conference  Minister of Railways &... Click here to see more https://goo.gl/JSnHed