Apr 9, 2015

The promotion and posting order from Grade-2 to Grade-1 in OSM and ACTL cadres of Electrical-General

Worried about missing your station? Railways will ‘call’ you!

Train passengers can now sleep soundly without worrying about missing their station as the Railways has launched a new service which will ensure that they get a ‘wake-up call’ on their mobile phones half-an-hour before the scheduled arrival at their destination.
Similarly, another feature – ‘train destination alarm call’ – has also been introduced through which passengers will get an alert call 30 minutes before the train reaches their destination station.
The service, a joint initiative of the IRCTC and Bharat BPO, is available through voice call on Railways enquiry number 139.

Metro smartcard to cost 100

JAIPUR: Inching towards its maiden commercial run, the Jaipur Metro Rail Corporation (JMRC) on Wednesday released the smartcard for passengers. 

The smartcard with Hawal Mahal as its watermark would be available for sale at all the nine metro stations from Mansarover to Chandpole and some of the selected e-mitra kendras in the city. This will enable consumers to avoid serpentine queues for travelling in a metro. 

Nihal Chand Goyal, CMD, JMRC released the smartcard, combo card and also the wrapper for the Jaipur Metro and gave details on how it will work for the consumers. Goyal also purchased the first card after it was released on Wednesday. 

"This is a pre-activated card which would be available for sale from Thursday onwards at every metro station. The price of the pre-activated smart card is Rs 100 which would have Rs 50 as the security deposit and Rs 50 stored value. The passenger can also get it further recharged at the stations," Goyal said. 

He added that apart from the metro stations, JMRC has also plans to sell smartcards through other points. "We thought of providing these cards at the nearest point of the passenger thus we have collaborated with the e-mitra kendras," he added. 

Asked why only few selected e-mitra kendras out of 1,600 kendras, he said, "This is our first phase where nearly 10,000 smartcards are given. It depends on the response. We will make these cards available through almost every e-mitra Kendra at a later stage." 

JMRC has procured nearly 1 lakh cards for the maiden run of the Jaipur metro. "Apart from this 5,000 cards would be available for sale at the metro stations to start with," said another senior officer. On the other hand, JMRC has also collaborated with the HDFC Bank to work on the idea of having a combo card which can double up as ATM-cum-debit card. 

"We will start providing the combo card to our existing consumers from our branches from April 20 onwards," said Neeraj Gupta, assistant VP, HDFC Bank. 
Source - TOI

Railways achieves over 99% of FY15 estimated Revenue Target

New Delhi: Indian Railways (IR) have managed to achieve more than 99% of its estimated revenue target in FY15 albeit a declining passenger traffic onboard thanks to a 14.2% hike in passenger fares and higher than estimated freight revenue.
Total earnings grew by 12.2% to Rs.1,57,881 crore from Rs.1,40,761 crore in FY14. Its freight revenue went up to Rs.1,07,075 crore, beating the revised estimates (RE) by Rs.148 crore.
In FY15, the earning in the passenger segment has grown by some 14.4% to Rs.42,866 crore compared to Rs.37,478 crore the year before. Though IR’s passenger traffic has declined by 2.34% to 822.8 crore in FY15, it managed to achieve its revenue target in that segment — mainly helped by the increase in fares last June. Railways carried some 842.5 crore people in 2013-14.
Earlier in the FY14 budget, IR revised its fare rates for passengers and freight traffic. Apart from increasing its passenger fares, railways hiked the freight rates, on an average, by 6.5%.
Declining growth of passenger traffic in the Indian Railways is an issue the transporter is struggling to address for the past few years. Since FY13, the passenger segment has witnessed stagnation in traffic growth. While in FY14 passenger traffic remained flat compared to FY13, in 2014-15 it declined — first time in at least a decade.
Rev & Passr TfcKeeping the trend in mind, the railways revised its target for passenger traffic for FY15 to 835 crore from 864.5 crore estimated in the budget.
Recent reports by various expert committees have pointed out that the trend of declining share for railways of total passenger traffic in the country. While in 1951, IR’s share in the total passenger traffic was more than 74%, in 2011-12, it went down to 10%. Inadequate passenger amenities and IR’s failure in providing additional services to its customers during the journey have led people choose other options, they said.
Since taking charge, Railway Minister Suresh Prabhu has expressed his concerns regarding IR’s outdated services and lack of passenger amenities and has stressed on the need for modenisation and consolidation.
Revenue from freights, however, have grown by some 13% in FY15 — maintaining its two-third share in railways’ total earnings.
Source - railnews

IRFC raises Rs.1200 Crore through Short-term Bonds

New Delhi: Indian Railways Finance Corporation (IRFC) — the financing arm of Indian Railways — raised Rs.1,200 crore through issue of short tenure bonds at a tenure of 7.95% on Wednesday, according to bond arrangers. These bonds have a tenure of two years.
“IRFC short-term bond issue has seen a good demand from mutual funds this time. With demand being high, the yields have fallen to sub-8% levels,” said Ashish Jalan, Assistant Vice-President at SPA Securities.
Last month, IRFC source had said the company would target to issue short-tenure bonds at yields of sub-8% levels.
IRFC BondsIRFC had previously issued short-tenure bonds worth Rs.2,625 crore in January at a coupon rate of 7.83%. In March, the company tried to tap the bond market to raise around Rs.3,000 crore, but had stopped the bidding when investors demanded higher yields.
Bond arrangers said bidders were asking for a coupon rate in the rangeof 8.38% to 8.50%, whereas IRFC was planning to issue bonds below 8.27% level.
IRFC’s borrowing target for FY16 is Rs.17,655 crore, according to a source, who had also indicated the company is waiting for the government’s notification on tax-free bonds. “As soon as the government puts a notification, we will like to make use of the limit allotted to us to raise funds through this instrument,” the source had said.
With liquidity being tight in March, investors were cautious on deploying their funds which had led to some hardening of yields.

Recently, HDFC had issued short-tenure bonds worth Rs.200 crore at a coupon rate of 8.45%, according to bond arrangers. National Housing Bank (NHB) had also raised Rs.500 crore through issue of three-year bonds at a coupon rate of 8%.
Bond arrangers indicated that Hinduja Leyland is also planning to raise about Rs.2,000 crore through bond market
Source - railnews.

China may build railway to Nepal, with tunnel through Mount Everest

BEIJING – China is considering building a railway to Nepal with a possible tunnel through Mount Everest, state media said Thursday, as Beijing courts a country India regards as firmly within its sphere of influence.

The Qinghai-Tibet railway already links the rest of China with the Tibetan capital Lhasa and beyond, and an extension running as far as Nepal’s border is already underway, the China Daily newspaper said.

Maharashtra CM announces foundation laying for Metro-IV line on Wadala-Ghatkopar-Thane-Kasarvadavali route

Mumbai: It is now turn of the residents of the far eastern suburbs – Kalyan, Dombivli, Navi Mumbai and adjoining areas – to anticipate a Metro ride, what with chief minister Devendra Fadnavis announcing on Wednesday that the foundation laying ceremony for Wadala-Ghatkopar-Thane-Kasarvadavali Metro would be held before the end of this year. He was responding to a call attention motion in the state assembly moved by MLAs Subhash Bhoir, Shambhuraje Desai, Sunil Shinde, Pratap Sarnaik and others. Bhoir said the Metro project was getting delayed while commuters daily jostle with enormous difficulties, resulting in untoward incidents – not to mention unrest – in Thane and nearby stations. Fadnavis informed the house that he along with Thane guardian minister Eknath Shinde will lay the foundation stone for Metro-4 this year. He said he, as MMRDA Chairman, has already given his nod and the project will commence after the final approval to agreements in this regard.
When Pratap Sarnaik insisted on a commencement date as well as the deadline for project completion, the CM replied, “I can’t specify the deadline for this, but I assure the House that we will lay the foundation stone of this project in this year.”While replying to a supplementary question by NCP’s Jitendra Ahvad, the CM made it clear that the government does not expect the project to go on for 15 years. He said all the Metro corridors that have the go-ahead will be completed by 2021.
The MMRDA has allotted Rs10 crore in its latest budget for the 30.8-km-long Metro 4. The World Bank has shown interest in providing financial aid to the project having an approximate cost of Rs22,000 crore.
The original Mumbai Metro Master Plan of 2003 had nine corridors, and two of these are Ghatkopar-Mulund and Hutatma Chowk-Ghatkopar routes. In September 2009, the latter was cut short from Hutatma Chowk to Carnac Bunderm while in November 2010, it was decided to extend Ghatkopar-Mulund route till Teen Haath Naka in Thane.During the end of 2009, it was planned to come out with tenders for the other project – Thane-Bhiwandi-Kalyan Monorail of 23.75-km, which was shelved later in 2011-2012 after Rail India Technical and Economic Service (RITES) recommend putting off the project for 10-15 years due to low ridership on the route.A while ago, Teen Haath Naka-Kasarvadavli Metro too was planned and made part of the revised plan, therefore making it Wadala-Ghatkopar-Teen Haath Naka-Kasarvadavli metro.
Suburban Section
Minister of state Ranjit Patil, while replying before the CM, said the government has started work on the Kalva-Airoli elevated corridor on the suburban railway section, which would cost Rs336 crore. He laso said survey work for Diva-Panvel route under the Mumbai Urban Transport Project-3 has already started.
The MMRDA has finalised 2031 as the horizon year – by which we would have a fair idea of when the project would be complete – for these two projects, which would come as immense relief to commuters on this line.
MLA Sanjay Kelkar pointed out that more than seven lakh people who commute on this section were getting the raw end of the stick for a long time and were demanding speedy completion of these projects. Patil then responded that the government was serious about this project, and that is why budgetary provision has been made for the elevated corridor.

Alstom Citadis Tram Technology debuts in China

Shanghai Songjiang tram initial design - SATCO

The joint venture of Alstom and Shanghai Rail Traffic Equipment Development Co., Ltd. (SRTED) - Shanghai Alstom Transport Co.[1] (SATCO) - has been awarded
a contract worth about €72 million by Shanghai Songjiang Tramway Investment and Operation Co. Ltd to provide 30 Citadis trams for the two first tramway lines of Songjiang, one of the suburban districts of Shanghai. This is the first tramway project with Alstom Citadis  technology in China. 

The Songjiang district plans to build six tramway lines by 2020. The 30 Citadis trams will run on the two first lines, T1 and T2, that will cover a total distance of 31 kilometers and include 42 stations. These two lines are expected to be in operation by 2017 and transport 173,000 persons per day. In total, the city of Shanghai plans to build 800 km of tramway network by 2020[2]. 
Alstom and its partner are pleased to have been selected by Shanghai district for the supply of Citadis trams which will contribute to enhance the city transport services and energize urban life, while contributing to the protection of the environment. Alstom will contribute to this ambitious tramway development plan with its worldwide experience and expertise in tram technology”, said Fang Ling, Managing Director of Alstom Transport China. 
SATCO will benefit from the Alstom’s Citadis tramway technology to better address Chinese needs in terms of urban transport. For this particular project, SATCO will manufacture the Citadis trams and Alstom will supply the traction systems, bogies and the Train Control and Monitoring System (TCMS). 
The Alstom sites in France that will be involved in this project are La Rochelle for the TCMS software and Villeurbanne for the hardware, Le Creusot for the bogies, Tarbes for technical support to the power modules. Sesto site, in Italy, will also provide technical support to the traction inverters. 
With over 1,900 trams sold to 49 cities worldwide, Citadis is the global standard in the tram market. The 1,600 Citadis trams already in operation have covered over 800 million kilometres, carried nearly six billion passengers and helped reduce 5 million tons of carbon dioxide emissions since the first tram entered service in 2000. 
About Alstom
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 93,000 people in around 100 countries. It had sales of over €20 billion and booked €21.5 billion in orders in 2013/14.
[1] SATCO was founded in 1999 with 60% share held by SRTED and 40% by Alstom
[2] According to Wen Hui Bao’s report 

Source - alstom. com

Bombay High Court directs SECR to take 147 Porters as on-roll Staff

Bilaspur (BSP): Justice ZA Haq at the Nagpur Bench of Bombay High Court on Wednesday directed the South East Central Railway (SECR), Nagpur, to absorb 147 parcel porters as ‘Group D’ employees. SECR has made it a prestige issue and has been deliberately delaying regularizing services of these porters by prolonging legal battle despite losing in apex court, high court and twice in Central Government Industrial Tribunal (CGIT).

These parcel porters have been declared as workmen. Hearing a civil application filed by Parcel Porters Sanghatana (PPS), Justice Haq directed SECR to absorb these parcel porters as ‘Group D’ employees. As per the SECR record, over 900 Group ‘D’ posts were lying vacant under the Nagpur division alone. “While filling up these posts, 147 parcel porters should be accommodated,” the court said. It also rapped the SECR for paying Rs 2.5 crore towards wages since April 2012 to these workmen without any work. “This is sheer waste of public money,” the court said. The court also did not agree with the idea put forward by SECR to utilizing services of these workmen for various works under ‘Swachha Bharat Mission’.

On July 9 last Justice Haq had refused to grant interim relief to SECR considering the facts on record. The court also did not agree with SECR counsel RS Sundaram that vacancies of parcel porters are not available. Senior advocate NW Almelkar appearing for the Parcel Porters Sanghatana (PPS) said SECR was depositing the amount with the registry of the high court which was being disbursed to the workmen. As per the latest record when over 900 vacancies were available, why not appoint these workmen, he asked.

The high court decision comes as a relief for porters who are fighting a legal battle for regularization of their services since 1994. They have won after 21 years. Rajesh Supatkar of the PPS said SECR was even violating the Railway Board orders issued on October 31, 1995, that state prompt action should be taken for screening and absorption of casual labour against existing vacancies.
Source - railnews

Ten mantra to save tax during 2015-16

Railway staff went on strike in Banglore

strike in bang

Busy railway juntions to have satellite terminals

New Delhi: Indian Railways is planning to build satellite terminals near some of the busiest junctions, aiming at reducing pressure on such stations and the city traffic around it.

“We are planning to develop some satellite terminals. Most of the urban areas are saturated now. It is impossible to reach to the station in busy areas. We can have satellite terminals outside busy railway stations,” Railway Minister Suresh Prabhu here said at a conference on US-India cooperation on smart transportation.





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