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Jan 5, 2016
Kolkata: Saroj Poddar-led Adventz Group firm Texmaco Rail and Engineering Ltd has acquired a 55 per cent equity stake in Mumbai-based Bright Power Projects (India) Pvt Ltd for an undisclosed amount, as per a stock market disclosure.
In September last year, the company had signed a non-binding term sheet with Bright Power to acquire a 76 per cent equity stake in at an enterprise value of Rs 100 crore ($15 million).
New Delhi: In less than a month of the Cabinet approval for the Rs.98,000 crore Mumbai-Ahmedabad bullet train project, the rail ministry seems to have speeded up the pace of consultations on India’s first bullet train corridor. Among the proposals being looked at by the railway board is a suggestion to allow private operators to run the 508-kilometre high-speed line, officials said.
“One of the recommendations of the Panagariya Committee is to invite private firms to operate the project five years after its commissioning,” said a senior rail ministry official who did not wish to be quoted. “The idea is still very far-fetched. The project itself will take seven-eight years for completion,” he added. The Union Cabinet’s approval for the high-speed line was based on the recommendations of a committee headed by NITI Aayog Vice-Chairman Arvind Panagariya.
Railways comes out with concept paper on Rail Development Authority (RDA) according to which the proposed body will be an independent and quasi-judicial one with four key functions… The Concept Note on the proposed regulator for the Railway sector drafted with key roles on determining tariff, setting efficiency and performance standards and ensuring a level playing field to attract private investment. The concept note specifically stated that the regulator would not be involved in policy making and financial expenditure management.
New Delhi: A year after it was approved by Cabinet, the proposal for an independent authority for India’s rail sector got a boost in a new avatar on Monday, albeit with somewhat less teeth in terms of fixing tariffs.
The government today released a concept paper for the proposed Rail Development Authority of India, which may be set up as early as this year through an executive fiat and later empowered by a bill.
Noida: The financial bidding for the supply of rakes for the Noida-Greater Noida Metro project was finalised in New Delhi on Monday where Chinese state-owned rolling stock manufacturer CRRC Corporation Limited emerged the lowest (L1) bidder for the supply of 76 coaches for the 29.9-km Noida Metro Rail corridor.
The financial bid will be further evaluated by DMRC and the tender is expected to be awarded by the end of the month, officials said. Once the contract is awarded, each Metro car could come at about Rs 11 crore, inclusive of taxes and duties.
Sinha told that the Centre has sanctioned a Rs 376 crore project for doubling and electrification of Muzaffarnagar-Tapri railway station
Muzaffarnagar: Minister of State for Railways Manoj Sinha today sanctioned a Rs 376 crore project for doubling and electrification of Muzaffarnagar-Tapri railway station.
Vouching for better infrastructure in Uttar Pradesh, the minister said that steps would be initiated to raise the state’s railway networks, national highways and power supply.
Sinha told reporters here that the Centre has sanctioned a Rs 376 crore project for doubling and electrification of Muzaffarnagar-Tapri railway station, owing to popular demands.
New Delhi: Eyeing more investment from private players in infrastructure space, the government is considering allowing them to manage smaller airports while railways will soon invite bids for modernisation of 400 stations, Finance Minister Arun Jaitley said on Tuesday.
The proposal for allowing management participation of the private sector in some mid-sized and smaller airports is aimed at improving their managerial efficiency, he said.
Managing Director of Kochi Metro Rail Limited Elias George switching on the first auxiliary sub-station in Muttom depot, near Aluva, on Monday.
Even as the wait for the maiden Kochi Metro coaches is under way, Elias George, Managing Director of Kochi Metro Rail Limited switched on the first auxiliary sub-station in Muttom depot on Monday.
This auxiliary sub-station 2 (ASS-2) will work as the source of power for all utilities in the Muttom yard. It will also provide power for third rail traction through an innovative method.
For Metro operation, as per the designed plan, the 110 kV supply from Kalamassery KSEB sub-station would be extended to the Metro receiving sub-station at Muttom yard. Then, 110 kV will be stepped down to 33 kV which will further be stepped down to 415 V for the auxiliary usages at depot at Muttom premises and the metro stations for general use (lighting , HVAC etc.).
A scene at a metro station on the first Monday since the Delhi government's odd-even scheme came into effect on January 1.— Photo: Sushil Kumar Verma
Some commuters reported huge crowds at inter-change stations, but most refrained from complaining about the situation
गौरी सरोवर पर पुल निर्माण और सहित सड़कों के निर्माण प्रोजेक्टाें पर नजर
भास्कर संवाददाता | भिंड
गुना-इटावा रेललाइन की पिछले 34 साल से प्रतीक्षा हो रही है, लेकिन वर्ष 2016 में इसकी सौगात मिलने की संभावना बलवती होती दिखाई दे रही है। रेलवे अधिकारियों की मानें तो जनवरी माह में ही भिंड से इटावा के लिए सवारी गाड़ी चलाई जा सकती है। इसी तरह गौरी सरोवर पर ब्रिज बनाने का काम भी नए साल में ही शुरू हो सकेगा। गुना से ग्वालियर होती हुई ब्रॉडगेज लाइन भी भिंड तक 2002 में आ सकी थी। इसके बाद भिंड से इटावा तक 34 किलोमीटर की दूरी तय करने में रेलवे को पूरे 13 साल लग गए।
पंजाब के पठानकोट में हुए आतंकी हमले के बाद रेलवे ने रविवार को अलर्ट जारी किया। बिलासपुर रेलवे स्टेशन पर आरपीएफ "र जीआरपी की संयुक्त टीम ने अप व डाउन दिशा से आने वाली ट्रेनों की सघन जांच की।
बिलासपुर. पंजाब के पठानकोट में हुए आतंकी हमले के बाद रेलवे ने रविवार को अलर्ट जारी किया। बिलासपुर रेलवे स्टेशन पर आरपीएफ और जीआरपी की संयुक्त टीम ने अप व डाउन दिशा से आने वाली ट्रेनों की सघन जांच की। मेडल डिटेक्टर और डॉग स्क्वॉयड से आरपीएफ ने पार्सल बोगियों और यात्रियों के सामानों की जांच की।
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