Railways to acquire 25 Shinkansen From Japan at an Estimated Cost of INR 5,000 Cr for Mumbai-Ahmedabad Bullet Train Project

Date: 12/06/2017 Railways is gearing up to acquire 25 E5 Shinkansen series bullet trains from Japan at an estimated cost of Rs 5,000 crore for the Modi government's first bullet train project. Features of the E5 Shinkansen Bullet Train: * The E5 Shinkansen series bullet trains to be pressed into…

Railways to invite financial bids worth over Rs 20,000 crore for manufacturing Modern coaches

New Delhi: The Indian Railways will invite financial bids worth over Rs 20,000 crore (approx US$ 3,125 Million) for manufacturing around 5,000 AC & non-AC coaches that will be equipped with modern facilities like automatic doors, forced ventilation system, bio-toilets, regenerative braking system & better interior design, the coaches will…

Now Metro companies to procure minimum 75% of the train cars, under Make in India Campaign

NEW DELHI: It is now mandatory for the metro rail companies to procure minimum 75% of train cars & 25% of critical equipment from within the country, a norm made compulsory under the ‘Make in India’ campaign. The Urban Development Ministry has incorporated these mandatory conditions in the metro rail…
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