The Ministry of Railways for the current financial year had set a borrowing target of Rs 17,665 crore, for IRFC.
Foodgrain transportation by the Indian Railways declined almost a fifth in April-September this year, hitting the transporter’s freight revenue hard…
Transporter enters supply agreement with Ratnagiri Gas and Power despite lower bid by Adani Power
The railways, which requires to add 17,000 more wagons to its fleet next fiscal given the estimated growth in freight…
Regulator clarifies transporter is deemed licencee; move to lead to waiver of cross-subsidy surcharge
With the railways lagging behind in its plan capital expenditure in the first six months of the current fiscal, the…
The Indian Railways has announced initial guidelines for the proposed re-development of 400 stations in the country, mandating that an…
Many state governments including Maharashtra and West Bengal have joined hands to oppose a move to accord deemed licensee status…
The transporter’s capital spending from budgetary sources was just Rs 15,552 crore or 39% of the full-year estimate in April-September.
Tendering, award to be completed in nine months
Indian Railways on Thursday agreed with Adani Power for purchasing 50 MW power under its new policy of competitive bidding-based…
Indian Railways on Thursday signed memorandum of understanding with Adani Power Ltd., to buy electricity to run its trains, as…
The Indian Railway Finance Corporation (IRFC), the borrower for the national transporter, will play the intermediary for raising a large…
Expects to save Rs 2,500 cr a year over three years
The government’s plans to both create investment in Bihar ahead of the elections as well as create more competition in…
The first two ventures by Indian Railways would bring in Rs 42,000 crore of investments to Bihar that is slated…
After a two-year lull, the momentum in the signing of power purchase agreements (PPAs) by state-run utilities has picked up,…
Global rolling stock manufacturers including Hitachi, Hyundai and Siemens on Friday expressed interest in Indian Railways’ (IR) tender for procuring…
