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Aug 26, 2016
Hyperloop concept was first released in 2013 by Tesla and SpaceX’s Elon Musk as an alternative to high-speed rail. Musk said he wanted to make Hyperloop an open-source project for high-speed transportation. Several separate entities have since been formed to explore the possibilities.
Musk’s white paper had the basic concept of how a pod could propel over 100,000 people at the speed of sound, from one city to another in vacuum tubes. It felt like an idea from the world of HG Wells. Within a year, two companies said they had raised money. One is Hyperloop Transportation Technology (HTT) and the other Hyperloop One – a Boeing or Airbus of the Hyperloop world.
Indian Railways is collaborating with the Google Cultural Institute to exhibit its heritage assets like bridges, steam locomotives, buildings, artifacts and museums over the latter’s platform. The agreement will help the Railways digitize its assets which can then be accessed online for free.
The Railways also plans to launch a dedicated rail heritage website as well, although it does not provide a timeline for it. Other than this, the Railways claims it is in the process of preparing a comprehensive conservation management program to preserve and promote its heritage assets. The agency will also eventually offer online and virtual tours as ‘tourist attractions’.
New Delhi: To cope with local demand and smoothen rail traffic, the Cabinet Committee on Economic Affairs on Wednesday gave approval to construction of a third line on several busiest railway routes, including Itarsi-Nagpur, Jhansi-Bina and Mathur-Jhansi sections.
The CCEA meeting was chaired by Prime Minister Narendra Modi.
The 280 km-long third line between Itarsi and Nagpur, given approval, is estimated to cost Rs 2,449.91 crore — with anticipated completion cost pegged at Rs 2,882.94 crore — and is expected to be completed in five years.
Railways today said the capacity augmentation on Delhi-Chennai and Howrah-Mumbai routes will be a “game changer” and aimed at meeting the increased freight traffic expected by 2020. Trunk route expansion not to affect DFC, says A.K.Mital, Chairman, Railway Board
Railways today said the capacity augmentation on Delhi-Chennai and Howrah-Mumbai routes will be a “game changer” and aimed at meeting the increased freight traffic expected by 2020.
Railways has got cabinet approval for nine rail expansion projects involving laying a total of 1937 km long additional line in 11 states to ensure smooth freight and passenger movement.
Facebook recently concluded a pilot across 125 rural locations after purchasing bandwidth from state-run BSNL, and is currently in talks with various Internet service firms.
New Delhi: After Google, it is social media giant Facebook, which is looking to hook up with Indian Railways to provide WiFi across railway stations. R.K. Bahuguna, Chairman, RailTel Corporation of India Ltd (RailTel) said the company will start talks with Facebook for expanding its WiFi coverage not only to railway stations but to villages in the vicinity as well.
Moving a step closer to a corporate-like presentation of its financial numbers, Indian Railways, which has always fought shy of recognizing profits and losses and merely talked about surpluses/shortfalls, has made its entire northwest zone shift to accrual-based accounting.
New Delhi: Moving a step closer to a corporate-like presentation of its financial numbers,Indian Railways, which has always fought shy of recognising profits and losses and merely talked about surpluses/shortfalls, has made its entire northwest zone shift to accrual-based accounting. It had earlier launched the system on a pilot basis for the rail coach factory in Kapurthala in the zone.
Darjeeling: A UNESCO team that is working on a conservation plan for the Darjeeling Himalayan Railway today said it had got feedback that the toy train service did not meet the criteria to command heritage status and was close to being put on the “danger list”.
Paul Atkins, the technical consultant of UNESCO, who is part of the team drawing up a comprehensive conservation management plan, said the plan “was to have been drawn up within five years of the UNESCO granting world heritage status”. He said it was delayed for various reasons and the two-year project had started from March this year.
The tariff hike will increase the fuel costs of power stations and cement units closer to pitheads, while units far away from coal mines could see their fuel/input costs decline
New Delhi: Indian Railways announcing freight changes for a lead of 497 km with a new tariff structure would be Rs.712/tonne as against Rs.702/tonne earlier; for a longer lead of 1,800 km, the new freight would be Rs.2,138/tonne compared with Rs.2,343 earlier stating that the tariff revisions would aid capacity utilisation when more than 300 rakes are now lying idle!
Stepping up efforts to upgrade tracks and signalling system for ensuring safe train journey, railways has sent safety fund proposal to Finance Ministry again for reconsideration.
New Delhi: Stepping up efforts to upgrade tracks and signalling system for ensuring safe train journey, railways has sent safety fund proposal to Finance Ministry again for reconsideration. Earlier Railway Minister Suresh Prabhu had written a letter to Finance Minister Arun Jaitley seeking Rs 1,19,183 crore to create a separate safety fund for undertaking various safety works, including track works and elimination of level crossings by construction of rail overbridge and rail underbridge among others.
New Delhi: To attract investors for the expansion and modernisation of rail infrastructure, Railways is setting up a Rs 30,000 crore fund, first-of-its-kind for the national transporter, for implementation of remunerative projects across the country.
We are creating a fund of Rs 30,000 crore for setting up Railways of India Development Fund (RIDF), said a senior Railway Ministry official.
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