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Indian Railways to use nuclear power for green energy push
IR will need 30,000 MW of renewable capacity by 2029-30 to achieve this goal.Read more
Indian Railways reduces Vande Bharat orders, introduces 24-coach sets
The manufacturing will be handled by Kinet Railway Solutions, a joint venture between India’s RVNL, Russian engineering firm Metrowagonmash, and LES, with a 25:70:5 ownership ratio.Read more
Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million
In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more
Indian Railways cancels tender for 100 Vande Bharat trains
Despite being the lowest bidder when the tender was opened on May 30, 2023, Alstom's bid did not meet the revised price expectations.Read more
BEML to expand Vande Bharat and metro trains; boost export revenue to 10%
The company is exploring potential markets in the Middle East, South America, and the ASEAN region.Read more
Kavach 4.0 tenders to be issued for 20,000 locomotives for 2024
The initial tenders cover the Delhi-Chennai and Mumbai-Chennai routes, totalling 3,300 Rkm, as well as key automatic sections spanning 5,000 Rkm. Read more
Indian to unveil first hydrogen train by year-end
The government plans to release 50 hydrogen trains by 2047.Read more
CG Power acquires majority stake in GG Tronics for Rs 3.19 billion
The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more
Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion
This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more
TRSL to exploit export market amidst China Plus One; expand global reach
A team from Titagarh has been exploring business opportunities in South and Southeast Asia, West Asia, Africa, the US, and South America.Read more
