The Indian Railways’ operating ratio of 98.36 per cent in 2019-2020 does not reflect its true financial performance and if the actual expenditure on pension payments is taken into account, the ratio will be 114.35 per cent, according to a CAG report. Operating ratio (OR) represents the ratio of working expenses to traffic earnings and […]
Category: Railways
Railways starts new train, Vistadome Express, between Assam and Arunachal Pradesh
Railways have started a new train named Vistadome Express between Tinsukia in Assam and Naharlagun in Arunachal Pradesh. Union Minister of State for Railways Darshana Jardosh and Assam Chief Minister Himanta Biswa Sarma joined the ceremony virtually from Guwahati. To add to the momentous occasion, another train – the Vistadome attached Naharlagun-Guwahati Shatabdi Express – […]
India, Germany Development Bank sign 442.26 mn loan pact for Surat Metro Rail Project
The Government of India and the Germany Development Bank – KfW (Kreditanstalt fur Wiederaufbau) on Friday signed a 442.26 million euros loan pact for Surat Metro Rail project. The total cost of the project is 1.5 billion euros, of which KfW is financing 442.26 million euros, a Finance Ministry statement said. The project is being […]
APM Terminals Pipavav, PRCL begin double-stack rail service to Jodhpur on hub-and-spoke model
APM Terminals Pipavav, in collaboration with Pipavav Rail Corporation Ltd (PRCL), has commenced double-stack rail service to Jodhpur via Sanand in Gujarat on a hub-and-spoke model, the company said on Thursday. The initiative is likely to help the trade to connect with their markets quickly and competitively, APM Terminals Pipavav said in a statement. The […]
Southern Railway’s first e-bike rental service at Tiruchi railway station turns big hit
Chennai, The e-bike rental service that was inaugurated at Tiruchi railway station on Thursday is turning into a big hit with enquiries pouring in for the facility. Currently, the service is from 9 a.m. to 9.pm. Incidentally, this is the only e-bike rental service in Tiruchi district. The e-bike centre is providing bikes on rent […]
NF Railway registers 33.5% increase in freight loading
The Northeast Frontier Railway(NFR) has registered an increase of 33.5 per cent in freight loading since April this year in comparison to the corresponding period of the previous year. During the period from April to November this year, NFR loaded 6.498 metric tonnes of freight as compared to the 4.867 metric tonnes during the corresponding […]
Will deposit Rs 1,000 crore in escrow, ready to take over DAMEPL’s debt: DMRC to HC
Delhi Metro Rail Corporation (DMRC) Monday told the Delhi High Court that it would deposit within 48 hours Rs 1,000 crore in an escrow account towards an arbitral award of over Rs 4,600 crore in favour of Delhi Airport Metro Express Private Limited (DAMEPL). DMRC also suggested taking over the Reliance Infrastructure subsidiary’s debt to […]
Reliance Infra moves plea in Delhi HC to execute arbitration award won against Delhi Metro
Reliance Infrastructure has moved a plea in the Delhi High Court, seeking to execute an arbitration award it won against the Delhi Metro in the Supreme Court. The top court had also dismissed a review filed by Delhi Metro Rail Corporation against the ruling. The plea will be heard by Justice Suresh Kumar Kait on […]
Nilgiris Mountain Rail train services cancelled till December 14
Anticipating rains and resultant landslides on the track, services on the Heritage Nilgiris Mountain Rail (NMR) from Mettupalayam to Udhagamandalam have been cancelled till December 14. Since both Coimbatore and the Nilgiris districts have been witnessing moderate to heavy rains for the last few days, Railways decided to cancel the services till December 14, considering […]
Supreme Court upholds arbitral award in favour of Anil Ambani group firm DAMEPL
The Supreme Court on Thursday upheld the 2017 arbitration award worth over Rs 4,600 crore in favour of Anil Ambani group firm, Delhi Airport Metro Express Pvt Ltd (DAMEPL), enforceable against Delhi Metro Rail Corporation. A bench headed by Justice L Nageswara Rao quashed the Delhi High Court order that had set aside the arbitration […]
Cyclone threat: East Coast Railway cancels 95 trains for three days
The East Coast Railway on Thursday said it has cancelled operation of 95 trains for three days from Thursday in the wake of predictions of a cyclonic storm hitting the Odisha coast. As a precautionary measure for the safety of passengers, 95 mail and express trains originating from different places and passing through the region […]
Rail Land Development Authority invites bids for commercial development at Abu Road, Rajasthan
The Rail Land Development Authority (RLDA) has invited bids for leasing a land parcel for commercial development at Abu Road in the Sirohi district of Rajasthan. The parcel spans 1649. 40 sqm and falls under the North Western Railway Zone. It has a built-up area ratio of 2.0 (BUA – 3298.80 sq.m) and a reserve […]