Coal News We love to talk!
Indian Railways is requesting Coal India to develop railway stations that support its sidings. This was stated by AK Mittal, Member-Infrastructure, Railway Board, while speaking at a PHDCCI conference.
The Railways has set itself a target to develop over 20 stations this year. “The railway station development programme is also facing some challenges at present,” Indian Railway Station Development Corporation (IRSDC’s) Sanjeev Lohia said.
In a related move, according to a Northern Railway press release, the Northern Railways’ General Manager reiterated that station improvement and station redevelopment plans would be among the priority tasks during the current year.
The Railways is pursuing multi-pronged strategies – such as redevelopment through IRSDC through expert bodies such as SNCF (French Railways) and Ministry of Tourism on cost-sharing basis and through public-private partnership models without straining Railways’ finances, the release said.
Retrofitting of coaches
Meanwhile, there is an opportunity for Indian firms in retrofitting 40,000 coaches, which involves an expense of Rs. 20 lakh per coach, R Gupta, Member-Rolling Stock, Railway Board, told the PHDCCI meet.
There is also opportunity for Indian firms in developing 6,000 coaches. He added that the Railways spends Rs. 700-800 crore a year on cleaning activities under the Swachh Bharat initiative. This also provides a huge opportunity for the private sector to partner with the Railways, he added.
- Gautam Adani plans $1.5 billion copper smelter to boost solar ambitions Read more
- States float Rs 1L-cr worth UDAY bonds in FY16: Piyush Goyal Read more
- Cairn Energy suspends share buyback due to tax dispute Read more
- Thousands of trucks stranded as fuel outlets refuse Rs 500, Rs 1,000 notes Read more
- CERC disposes of JITPLs petition for injection of energy Read more
- CBI inquiry into coal allocations Read more
- Gail's cheaper offer may impact gas pricing formula Read more
- Coal India third quarter net profit dips 22 per cent to Rs 2,884 crore Read more
- JSPL likely to sell controlling stake in overseas mines Read more
- Renewable energy firm Bhoruka Power in talks to raise $120 million Read more