Indian Railways have fallen prey to the spiralling steel prices with a large number of ongoing construction projects, particular those relating to bridges, slowing down and contractors threatening to pull out, citing inability to procure steel at the current market rates What has further raised alarm bells at the Rail Bhavan is the fact that not enough players coming forward to bid for new construction projects.

Iran has invited Indian companies like RITES, IRCON and CONCOR to bid for developing a 600-km long railway link between Chabahar and Fahraj. The link, when completed, will provide India a multi-modal transport corridor with Russia via Iran, bypassing Pakistan, under UNESCAP's ambitious Trans Asian Railway (TAR) project.

IT APPEARS that steel, cement and power companies would have to dig deeper into their pockets if they want to do business with the Railways. In a major twist to the public-private partnership (PPP) model, the Railways have decided to ask all private companies involved in the partnership projects in the three sectors to pay at least 40% of the construction cost of the rail line.

The Chandigarh Administration will underwrite 50 per cent of the cost of the Metro Rail Project (Common Mobility Plan) and Detailed Project Report (DPR) while the proportion for Punjab, Haryana and Himachal Pradesh would be 20, 20 and 10 per cent respectively. The division of the entire cost was prepared during a joint meeting chaired by UT Adviser Pradip Mehra, Haryana Chief Secretary Dharam Vir, Punjab Chief Secretary Ramesh Inder Singh and Himachal Pradesh Principal Secretary (Transport) Ashok Thakur, held last week.

Haryana has submitted the complete transportation plan for increasing both rail and road connectivity besides recommendations for augmentation of power and upgradation of technical training institutes

Rajasthan Chief Minister Vasundhara Raje on Tuesday called for introduction of a new high-speed train between Jaipur and Delhi in view of the rich prospects for investments and tourism in the State an

If you happen to travel in Rewa Express, you will notice a slight change in its coaches