Rail station development plan to get a makeover

New Delhi: The Ministry of Railways is set to overhaul the US$ 15.61 billion station redevelopment plan to increase the lease period for developers to 99 years, which is expected t...

Indian Railways accomplishes major savings in its 'ElectricTraction Energy Bill'

New Delhi: The cumulative savings of Indian Railways due to procurement of power under open access arrangements reached Rs 5,636 crore (US$ 869.8 million) during April 2015 - Octob...

Railways to phase out diesel engines in five years: Piyush Goyal

New Delhi: The Indian Railways has planned to phase out diesel locomotives over the next five years and replace them with electric ones, which will help them save about Rs 11,500 c...

India, Bangladesh launch connectivity projects, including new train service

New Delhi: With the aim of boosting connectivity between India and Bangladesh, Mr Narendra Modi, Prime Minister of India, and Ms Sheikh Hasina, Prime Minister of Bangladesh, launch...

Indian Railways and Chhattisgarh govt JV to build Rs 10,000 crore rail corridors

New Delhi: To boost the industrial infrastructure of Chhattisgarh, the state government, in a joint venture with Indian Railways, has decided to build two fully electrified rail co...

Railways floats global tender for rails to improve track safety

New Delhi: Indian Railways has put forward a global tender for obtaining 700,000 metric tonnes of railway track for improving track safety, as per Mr Piyush Goyal, Minister of Rail...

Surat to see Rs 4,650-crore railway station redevelopment

New Delhi: A plan for redevelopment of Surat's railway station will soon be announced requiring a total expenditure of Rs 4,650 crore (US$ 715.12 million).

Railways to invest Rs3,000 crore to mechanize, automate yards

New Delhi: The Indian Railways is planning to invest around Rs 3,000 crore (US$ 461.08 million) to convert 40 out of its 100 yards into smart yards and end manual inspections.