Foreign Rail Technology Co-Operation Scheme to be Launched
New Delhi: The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced the proposal to launch “Foreign Rail Technology Cooperation Scheme” in order to achieve the higher quality service for our nation. Presenting the Railway Budget for 2015-16 in Parliament today he said that Technology intensive and complex projects like speed raising and station redevelopment require lot of handholding by a specialized agency in terms of preparatory work, exploring technology options and managing bid processes. Indian Railways have signed in the past MOUs for technical cooperation with number of foreign railways or their entities.
Speed of Nine Railway Corridors to be Increased
The speed of nine railway corridors will be increased from the existing 110 and 130 kmph to 160 and 200 kmph respectively so that inter-metro journeys like Delhi-Kolkata and Delhi-Mumbai can be completed overnight. Announcing this while presenting the Railway Budget 2015-16 in Parliament today the Railway Minister Shri Suresh Prabhkar Prabhu said this will involve the upgradation of track including turnouts and rolling stock to higher standards as well as the adoption of improved methods of track recording, monitoring and maintenance.
He said the average speed of freight trains, both in empty and loaded conditions, will also be enhanced. A policy of attaining speeds of 100 kmph for empty freight trains and 75 kmph for loaded trains is being put in place. The Minister said that with the objective of maximizing loading in every train, the loading density on all major freight bearing routes of Indian Railways will be upgraded to 22.82 tonne axle loads.
Opening Statement by Prime Minister of India at 15th ASEAN-India Summit, Manila Your Excellency President …