KRCL receives investment of Rs 125 Crore for a rail corridor connecting Obulavaripalli and Krishnapatnam Port

Date of Post: 14 Nov, 2018 Krishnapatnam Railway Company Limited (KRCL) has received an investment of Rs 125 crore from Sagarmala Development Company for the development of a 114km rail corridor connecting Obulavaripalli and Krishnapatnam Port, it said on Tuesday. KRCL is a SPV (Special Purpose Vehicle) formed for connecting…

Cabinet apprised of MoC between India and the Joint Stock Company “Russian Railways” on technical cooperation in the field of railways

Date of Post: 01 Nov, 2018 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of the following two instruments, namely, a Memorandum of Understanding (MoU) and a Memorandum of Cooperation (MoC), with Russia on 5th October, 2018: MoU with the Ministry of Transport of…

Russia expresses interest to invest in DMIC, Railways, and Public Transport

Date of Post: 31 Oct, 2018 New Delhi: Mr Suresh Prabhu, Minister of Commerce and Industry said, Russia has expressed his interest in investing in projects like DMIC (Delhi-Mumbai Industrial Corridor) and smart cities besides railways, and public transport. In the Nov 23 trilateral meeting on INSTC (International North South…

JICA Signs ODA Loan of INR 3,300 Crore for Delhi Metro Phase 3 (Tranche III)

New Delhi, October 30, 2018: Japan International Cooperation Agency (JICA) signed an agreement with the Government of India to provide Official Development Assistance (ODA) Loan of 53,675 million Japanese Yen (approximately INR 3,300 crore) for the ‘Delhi Mass Rapid Transport System Project Phase 3 (Tranche III)’. The objective of the Project is…
1 2 3 43