Likely bidders are worried a lower demand for coal in the future, as more renewable projects come up, can hamper viability of freight operations on section of Eastern Corridor
Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas for Ashwini Vaishnaw
The maintenance of these wagons will be done by Indian Railways on payment under an agreement to be executed with AALL
The first rake of 21 BCN wagons transported 1,300 tonnes of fertilisers for Coromandel International, from Ranipettai to Tadepalligudem and Dwarapudi in Andhra
One train carries 360 10-feet container equivalent units (TEU), which is equivalent to 270 high capacity trailer trucks
Modi inaugurated the 306-km Rewari-Madar section of the Western Dedicated Freight Corridor section
The eastern and western dedicated freight corridors are being seen as a game-changer for India and will help in the development of new growth centres in different parts of the country, PM Modi said
Says project was envisaged by earlier govts but not implemented on time, causing 11x cost escalation; comes down on those who disrupt movement of trains during protests
With this, Indian Railways, its arms and track-laying contractors can source 60kg 880 grade (90 UTS) Rails made by JSPL for their ongoing and upcoming projects
Modi said his government engaged with stakeholders to speed up the work
According to a Rail Ministry presentation, the average speed of a goods train stood at 23.6 kmph in 2019-2020 and rose to 42.9 kmph in 2020-2021
Augmenting freight operations through better marketing, cheaper tariff and discount packages has been on the railway agenda
Goods carried by train and workplace visits were among the high-frequency indicators that gave up some gains for the latest week
Shortage of containers, faceless assessment causing delay
Demand recovery, progress on privatisation are the other triggers
Economic recovery on even ground even as government announces fresh stimulus
Many of the macroeconomic indicators that track broad activity, such as gross domestic product, are released with a lag.
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Speaking at the foundation day of the Dedicated Freight Corridor Corporation of India Limited, Goyal said that it should make a commitment to its customers with a timetable for its freight trains
The sale to ADSEZ is part of Gateway's plan to divest its non-core assets, deleverage its balance sheet, and fund future capital expenditure plans in the rail segment.