Railways

The Andhra Pradesh government has approved the proposal for the construction of the 105 km Vijayawada-Amaravati high-speed circular rail corridor project at an estimated cost of Rs 100 billion. The high-speed corridor will be developed […]

The central government has approved the redesignation of the existing Delhi-Mumbai Industrial Corridor Project Implementation Trust Fund (DMIC-PITF) as the National Industrial Corridor Development and Implementation Trust (NICDIT), and expanding its mandate to include the […]

German Railways has decided to fund and undertake a study on the high-speed southern corridor linking Mysuru, Bengaluru, Chennai and Vijayawada. The study will cover a 906 km stretch, which is expected to support trains […]

The Kerala government has agreed to increase the total authorised share capital of the Konkan Railway Corporation (KRC) from Rs 48.86 billion to Rs 84.86 billion. It has also decided to allocate Rs 2.16 billion […]

IR has signed a protocol with Russian Railways for undertaking a feasibility study for raising speeds on the Nagpur-Secunderabad railway corridor. The protocol entails the technical and implementation study for upgrading speeds of passenger trains […]

The Ministry of Railways (MoR) has laid the foundation stone for the construction of a 4 km elevated rail line on the Rohtak-Gohana stretch in Haryana. The project involves a cost of Rs 3.15 billion. […]

The Government of India and the World Bank have signed a $650 million agreement for the third loan for the eastern dedicated freight corridor (DFC) of the DFC project. The loan has been provided for […]

IR is planning to establish an aluminium coach manufacturing factory at Palakkad in Kerala. The tender for the factory, to be built under the PPP mode, is awaiting MoR approval. The decision has come into […]

IR’s finance arm, the Indian Railway Finance Corporation (IRFC) is planning to raise Rs 10 billion-Rs 20 billion through an issue of masala bonds. The rupee-dominated bonds will have a tenor of three to five […]

The MoR has launched a newly manufactured guard van of goods (freight) train at Safdarjung railway station, Delhi. This is the first time a guard van train has been equipped with a solar-powered light, fan, […]

The MoR has inaugurated a 28 km section between Hansdiha and Barapalasi in Jharkhand. The section will reduce the distance between Rampurhat and Bhagalpur by 156 km. Apart from this, an alternative route from Rampurhat […]

The MoR has launched various services for passengers such as liberalised station-to-station special freight rate policy (existing as well as new traffic will be eligible), providing a sub-quota of 33 per cent to women within […]

The Ministry of Railways (MoR) has decided to run 20 Hamsafar trains for major destinations. Of these, four will run from Pune. One of these, the Pune-Amravati train, originates in the city and the others […]

IR has launched Mission Raftaar on the busiest Ghaziabad-Allahabad-Mughalsarai route, and has taken it up on a priority basis for increasing the average speed. Loco-hauled commuter trains were replaced with mainline electric multiple unit (MEMU) […]

Indian Railways (IR) has ended its 92-year-old practice and has merged the railway budget with the general budget. However, the distinct entity and financial autonomy of IR will be retained. The step has been taken […]

The MoR and the Gujarat government have signed an MoU for the development of railway infrastructure in the state. Key projects to be implemented include regional rail systems in the state, the Ahmedabad-Dholera metro, work […]

An MoU has been signed between the Surat Municipal Corporation (SMC), Indian Railway Stations Development Corporation Limited (IRSDC) and Gujarat State Road Transport Corporation Limited (GSRTC) to revamp the Surat railway station. A JV company […]

The MoR has signed a JV agreement with the Kerala government for the development of railway infrastructure. The JV will focus on project development, resource mobilisation, land acquisition, project implementation and monitoring of critical rail […]

The MoR is planning to set up an infrastructure fund – the Railways of India Development Fund (RIDF) – with a corpus of Rs 300 billion to implement remunerative projects across the country. Funds will […]