The Indian Railways is looking to set up a solar power plant in Bhilai (Chhattisgarh), where it has spare land, through Railway Energy Management Company Limited (REMCL).
The project cost of the 50 MW plant is estimated at INR 200 crore. Of the total cost, 20% will be borne by the Railways, while the remaining 80% will be raised through debt.
This means, the Railways will bear INR 40 crore of the construction cost, while the power will be purchased through a developer model, wherein the developers will be asked to operate and maintain the solar project.
Funds mobilisation for the INR 200 crore project estimated at INR 160 crore could be raised from firm...
The Indian Railways is drawing up plans to roll out two lakh screens across the country, targeting revenue to the tune of INR 10,000 crore in the next 10 years from this mega advertising platform.
Major railway stations will soon have giant digital screens to showcase real-time passenger information and also help the national transporter monetise the opportunity through digital advertising.
The Rail Display Network (RDN) is seen as a crucial platform for the transporter to raise funds from non-ticketing sources and strengthen the interface with passengers.
Several top global firms such as Google are keen to take part in the project and help design the a...
Konkan Railway Corporation Limited, in coordination with zonal railways, has announced running of 216 summer special trains from April to June.
A press release said here on Friday that to clear the extra rush of passengers during the season, 168 summer special trains were operated on the route last year.
Konkan Railway is engaged in train operations for a stretch of 740 kilometer (km) between Roha in Maharashtra and Mangaluru in Karnataka since 1998....
TM International Logistics Limited has received sanction to procure three rakes of special wagons with a 22.9-tonne axle load under the Special Freight Train Operator (SFTO) scheme.
A rake consists of a set of wagons or coaches.
The scheme was introduced to increase the rail share of non-traditional commodities such as coils, molasses, fly ash, edible oil, caustic soda, chemical, petrochemicals, alumina and bulk cement.
Specially designed 22.9-tonne axle load wagons are required for moving cold rolled steel coils , which are susceptible to damage in ordinary wagons.
These wagons will have an approximately 19 per cent higher payload of 64.89 t...
South Eastern Railway (SER) during the financial year 2016-17 has loaded 147.73 million tonnes (mt) of freight which is 13.44 mt more than last year (2015-16) registering a growth of 10.01%.
In freight sector, SER has surpassed the previous highest loading of 134.29 mt achieved in 2015-16.
SER has also surpassed Railway Board's freight loading target of 141.75 mt for 2016-17 by loading 4.22% more than the target.
The loading of Iron Ore during 2016-17 was 85.65 mt which witnessed a growth of 16.01% in comparison to previous year.
The other major components of freight loading were 25.12 mt of Coal, 15.52 mt of Pig Iron and Finished Steel, ...
The Palakkad division of Southern Railways has loaded 6.222 million tonnes (mt) of freight during 2016-17 against 6.484 mt in 2015-16.
The division attributed this dip in freight loading to lesser loading of coal and cement and low demand for fertilizer and gypsum during the period.
Speaking at the 62nd railway week celebrations on Tuesday, Naresh Lalwani, Divisional Railway Manager of Palakkad division, said that the total earnings of the division stood at INR 1042.64 crore during 2016-17 as against INR 1090.08 crore in the previous fiscal.
During 2016-17, passenger earnings of the division increased to INR 650.76 crore (INR 628.14 crore) and the earni...
South Western Railway (SWR) has ferried 5% more freight cargo in 2016-17.
Ashok Kumar Gupta, General Manager, South Western Railway said that “Stiff freight loading targets set by Railway Board has been met by South Western Railway (SWR) during the FY 2016-17. We have loaded 44.2 million tonnes (mt).”
He added that this is the best ever originating freight loading during the last 10 years and second best loading in the history of SWR since its inception.
The major commodities that contributed to the record are iron ore 14.5 mt (33%), coal 12.6 mt (28.5%) and iron & steel 9 mt (20%).
SWR’s freight basket also constitutes ...
South Central Railway (SCR) earned around INR 3564.8 crore from passenger services during the financial year 2016-17, the highest ever in its history.
These passenger earnings are INR 252 crore higher than previous year.
The Zonal railways also provided transportation facility to 375.8 million passengers during the fiscal as against 366.6 million passengers in the previous year, which which is higher by 9.16 million passengers.
Giving highlights, the SCR in a press release stated that 9 new train services were introduced to facilitate passengers, 7 trains were extended to run more distance and frequency was increased for one train. It attached 40 coache...
The authorities of North Central Railways (NCR) have decided to start plying two summer special trains to meet the heavy rush of passengers during the peak summer season.
While one of these summers special would ply between Gorakhpur and Chatrapati Shivaji Terminus (CSTM), the second train would run between Maduadih and Chatrapati Shivaji Terminus.
According to Bijay Kumar, the Chief Public Relation Officer (CPRO), NCR, train number 01047/041048 Chatrapati Shivaji Terminus-Gorakhpur will be a special train which will run twice a week.
Train number 01047 would commence its journey from CSTM on every Friday and Tuesday starting from April 14 and continue ...
The South Western Railway (SWR) has clocked the highest freight loading figures in the last 10 years during the financial year 2016-17. It loaded 44.2 million tonnes (MT), 5% more than last year.
Sources said this is the second best originating freight loading in the history of SWR. Iron ore comprised 33% of the freight loading with 14.5 MT, followed by coal with 28.5%(12.6 MT), and iron and steel with 20% (9MT).
SWR's freight basket also includes cement, petroleum products, containers, fertilizers, grains and other goods such as sugar, onion, automobile, granite and granulated slag. The originating freight earning for the financial year was INR 3,513 crore.