bulbul Posted March 9, 2015 Share Posted March 9, 2015 In line with Prime Minister Narendra Modi's "Make in India" campaign, Railway Minister Suresh Prabhu has finally given green signal to the two much awaited big-ticket FDI proposals for setting up diesel and electric locomotive plants in Bihar at a cost of Rs 2,400 crore. While four global firms -- Alstom, Siemens, GE and Bombardier -- have been shortlisted for the proposed electric locomotive factory at Madhepura, two multinationals -- GE and EMD - are vying to bag the diesel locomotive plant at Marhora. The estimated cost of the factories is about Rs 1,200 crore each. The financial bidding will be opened on August 31 and there will be two pre-bid meetings held in between, the official said. he Madhepura plant will manufacture 800 electric locomotives of 12,000 horse power (HP) over 11 years. While five electric locomotives will be imported, 795 will be manufactured at Madhepura, as per the bidding condition. Marhora plant will produce 4500 HP and 6,000 HP diesel locomotives using state-of-the-art technology. In the course of about 10 years after commissioning, the proposed Marhora plant is expected to manufacture about 1,000 diesel-electric locomotives. Railways will have 26 per cent equity while the global players will have 74 per cent equity in each of the plants at Madhepura and Marhora. The proposals for the diesel and electric locomotive factory in Bihar were announced in 2008 by the then Railway Minister Lalu Prasad. This will generate at least thousands of job and advanced locomotives.Also this is another example of how UPA announces projects and then just ignores. Link to comment Share on other sites More sharing options...
bulbul Posted March 9, 2015 Author Share Posted March 9, 2015 FDI activity/area in IR http://www.indianrailways.gov.in/railwayboard/uploads/directorate/infra/downloads/FDI_10114.pdf Link to comment Share on other sites More sharing options...
dial_100 Posted March 9, 2015 Share Posted March 9, 2015 This will be awesome for Bihar if it goes through. Link to comment Share on other sites More sharing options...
bulbul Posted March 12, 2015 Author Share Posted March 12, 2015 Life Insurance Corporation, the country's biggest insurer, on Wednesday committed to invest Rs 1.5 lakh crore in Indian railways over the next five years. According to the terms of the memorandum of understanding signed by the two organisations, the railways will use the funds to augment its capacity. LIC will invest in bonds issued by various railway entities such as Indian Railways Finance Corporation, beginning next fiscal. There would be a five-year moratorium in interest and loan repayment. The bonds will have a tenor of 30 years and will be disbursed over the next five years http://economictimes.indiatimes.com/industry/transportation/railways/lic-to-invest-rs-1-5-lakh-crore-in-indian-railways-over-next-5-years/articleshow/46525515.cms Link to comment Share on other sites More sharing options...
bulbul Posted March 19, 2015 Author Share Posted March 19, 2015 Moving ahead to fulfil his Budget promises, Railway Minister Suresh Prabhu on Thursday constituted a council called 'Kaya Kalp' and appointed noted industrialist Ratan Tata as its head. The purpose of the council is to recommend innovative methods and processes for the improvement, betterment and transformation of Railways, Mr Prabhu told PTI. Besides Tata Group's chairman emeritus, the Kaya Kalp Council will have two railway union leaders Shiv Gopal Mishra and M Raghuvaiah. http://profit.ndtv.com/budget/ratan-tata-to-head-railways-kaya-kalp-council-748080 Link to comment Share on other sites More sharing options...
The Outsider Posted March 23, 2015 Share Posted March 23, 2015 http://www.thehindu.com/news/national/other-states/mp-finance-minister-wife-robbed-on-train/article7011302.ece MP Finance Minister, wife robbed on train In a shocking incident, Madhya Pradesh Finance Minister Jayant Malaiya and his wife, Sudha Malaiya, were robbed of their valuables by an armed gang while they were travelling to Delhi by the Jabalpur-Nizammudin Express early on Thursday morning. According to Mrs. Mallaya, five persons armed with daggers gained entry into their first class AC coupe after knocking on the door around 4 a.m. when the train was speeding away near Mathura. The desperados made away with a gold chain, a ring and some cash. Narrating her harrowing experience, she said, ``We boarded the train at Damoh. There was a knock at the door of our coupe at about 4 a.m. and when I opened the door, a person carrying dagger entered forcefully followed by four others. ``Then they snatched my purse, chain and ring. They also took away money from my husband's purse. There was another ring on my left hand which was not coming out and they threatened to cut my finger.’' Mr. Malaiya and his wife later met Railway Minister Suresh Prabhu to apprise him of the incident. http://www.thehindu.com/news/national/6-killed-several-injured-in-up-train-derailment/article7014856.ece 34 killed as train derails in Rae Bareli At least 34 passengers of the Dehradun-Varanasi Janata Express were killed and around 150 injured when four coaches derailed near Bachrawan station in Rae Bareli district on Friday. The toll could increase as around 60 seriously injured passengers have been admitted to hospitals in Lucknow and Rae Bareli. “The toll has mounted to 34. While 30 persons died in Rae Bareli, four were declared brought dead in Lucknow,” U.P. Minister Manoj Kumar Pandey said. “There could be more deaths,” said Lucknow Divisional Commissioner Mahesh Gupta. One of the coaches that derailed was a jam-packed general compartment, railway sources said. They said brake failure could have led to the derailment around 9.30 a.m. on the Lucknow-Rae Bareli-Pratapgarh section — which is around 50 km from Lucknow — that left two coaches severely mangled. Link to comment Share on other sites More sharing options...
bulbul Posted March 24, 2015 Author Share Posted March 24, 2015 “There will be a restriction of only one booking in one user log-in session in E-ticketing and forced logging out of the user before another booking for all users including IRCTC agents,” said a Railway Ministry statement. [/However, this restriction will not be applicable while booking onward journey/return journey e-tickets. The restriction will not be applied on defence booking under warrant. The restriction will be applicable while booking of e-ticket between 0800 hours and 1200 hours. The restriction has been imposed to prevent touts from cornering tickets through single user logging facility. http://www.financialexpress.com/article/economy/scam-effect-indian-railways-unleash-crackdown-on-online-train-ticket-booking/56785/ Link to comment Share on other sites More sharing options...
Khalpat Posted April 2, 2015 Share Posted April 2, 2015 Cartels in procurement loot railways of Rs 10,000 crore a year E Sreedharan NEW DELHI: The cash-strapped railways will end up saving Rs 10,000 crore annually if the railway board stops all centralized procurement, says a report by 'Metro man' E Sreedharan Read more at: http://economictimes.indiatimes.com/articleshow/46778898.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Link to comment Share on other sites More sharing options...
Sachin=GOD Posted April 2, 2015 Share Posted April 2, 2015 Bibek Dibroy has written a series of articles on Indian railway in Swarajya Magazine. It is an absolute must read series. Link - http://swarajyamag.com/tag/columns-parallel-tracks/ Link to comment Share on other sites More sharing options...
FischerTal Posted April 2, 2015 Share Posted April 2, 2015 Bibek Dibroy has written a series of articles on Indian railway in Swarajya Magazine. It is an absolute must read series. Link - http://swarajyamag.com/tag/columns-parallel-tracks/ Indian Railways: 10 transformative recommendations of Bibek Debroy Committee report Source:http://economictimes.indiatimes.com/industry/transportation/railways/indian-railways-10-transformative-recommendations-of-bibek-debroy-committee-report/articleshow/46783236.cms Link to comment Share on other sites More sharing options...
bulbul Posted April 4, 2015 Author Share Posted April 4, 2015 NEW DELHI: Indian Railways is bringing on board popular fast food chains Pizza Hut and KFC to deliver pre-ordered meals to passengers, providing an interesting interlude to commuters inured to delays on the world's largest rail network. IRCTC, which handles online ticketing, catering and tourism for railways, has approved Pizza Hut and KFC's applications for ecatering. "To begin with, the service will start in trains that do not have a pantry car. Subsequently, it will be extended to trains with pantry cars like Rajdhani and Duronto," IRCTC chairman and MD AK Manocha told ET. More locations are being identified for delivery of food from Pizza Hut and KFC, he added. The problem of having such a system on long-distance trains with pantry cars is that the price of a meal is included in the passenger fare, says Manocha. http://timesofindia.indiatimes.com/business/india-business/Soon-railway-passengers-will-get-pre-ordered-meals-from-Pizza-Hut-and-KFC/articleshow/46803412.cms Link to comment Share on other sites More sharing options...
FischerTal Posted April 4, 2015 Share Posted April 4, 2015 Cartels in procurement loot railways of Rs 10,000 crore a year: E Sreedharan Source: http://economictimes.indiatimes.com/articleshow/46778898.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst very important points by sreedharan Link to comment Share on other sites More sharing options...
bulbul Posted April 4, 2015 Author Share Posted April 4, 2015 Cartels in procurement loot railways of Rs 10' date=000 crore a year: E Sreedharan Source: http://economictimes.indiatimes.com/articleshow/46778898.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst very important points by sreedharan He is the one man committee formed to to provide a detailed report about IR. Link to comment Share on other sites More sharing options...
BeautifulGame Posted April 4, 2015 Share Posted April 4, 2015 Is Sreedharan involved in any capacity with Indian Railways ? Remember reading something about him being sidelined by congress after completing Delhi metro Link to comment Share on other sites More sharing options...
bulbul Posted April 4, 2015 Author Share Posted April 4, 2015 Is Sreedharan involved in any capacity with Indian Railways ? Remember reading something about him being sidelined by congress after completing Delhi metro One man committe for preparing a report. Link to comment Share on other sites More sharing options...
Sachin=GOD Posted April 4, 2015 Share Posted April 4, 2015 One man committe for preparing a report. He is also an advisor to various metro projects in India, including the recently started Lucknow metro. Link to comment Share on other sites More sharing options...
Khalpat Posted April 16, 2015 Share Posted April 16, 2015 NEW DELHI: Indian Railways is on track to take the e-auction route for the first time for redevelopment of stations through public-private partnership (PPP). The cash-strapped operator is working on a policy for e-auctioning contracts for about 100 railway stations in a bid to overcome the bureaucratic hurdles faced by private companies while undertaking PPP projects, a top railway board official said. The official, who did not wish to be named, said private players will be able to submit their bids online, after which a technical committee will study and approve the bids. He added that private players tasked with converting the railway stations into world-class transit facilities will be given a specified area within the station premises and around it to be exploited commercially. "The space given to companies for commercial development will be such that they get decent returns. Joint ventures will be formed at the divisional level for the project," the official said. Prime Minister Narendra Modi recently told the Indian diaspora in an interaction in France that he had invited French companies to explore commercial opportunities in Indian Railways. India hopes foreign players including companies from Japan will be interested in investing in the station redevelopment project. "We have proposed a very transparent and swift procedure, which is a giant leap from whatever we have tried earlier in the PPP space," the official said. The ers .. Read more at: http://economictimes.indiatimes.com/articleshow/46938590.cms?utm_source=FbM&utm_medium=ETFbMain&utm_campaign=ETFbMain&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Link to comment Share on other sites More sharing options...
The Outsider Posted May 26, 2015 Share Posted May 26, 2015 http://www.bbc.com/news/world-asia-india-32807459 More people getting killed. Link to comment Share on other sites More sharing options...
diga Posted May 27, 2015 Share Posted May 27, 2015 The Ahmedabad division of Indian Railways will get funds from Members of Parliament (MPs) along with help from various NGOs to set up sanitation facilities at Ahmedabad railway station. "For the first time in the history of Indian Railways, MPs will provide help from MPLAD (MP Local Area Development) Fund to improve the amenities at railway stations and the first item identified under this (fund allocation) is benches," Divisional Railway Manager (DRM) Rahul Agrawal told reporters here. http://www.dnaindia.com/ahmedabad/report-railways-to-take-mp-funds-support-from-ngos-to-set-up-toilets-2089414 Link to comment Share on other sites More sharing options...
The Outsider Posted June 25, 2015 Share Posted June 25, 2015 LATEHAR, JHARKHAND: The Palamu Express derailed this evening after suspected Maoists blew up a stretch of railway tracks in Latehar district but no casualty or injury was reported. The engine and three coaches of the train going from Barkakana to Patna jumped the rails following the blast, Chhipadohar railway station master R P Bhagotia said. However, there was no casualty or injury to any passenger due to the derailment, Deputy Inspector General of Police (Palamau Range) Saket Kumar Singh said. The station master said the blast occurred around 8 PM near Kuchila village between Chhipadohar and Barwadih stations. The CPI (Maoist) is observing a 24-hour bandh today in Bihar and Jharkhand to protest against the gunning down of their cadres in Palamau district on June 9 http://www.ndtv.com/india-news/palamu-express-derails-as-suspected-maoists-blow-up-track-in-jharkhand-774611?site=full Link to comment Share on other sites More sharing options...
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