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Alstom delivers 100th electric locomotive of 12,000 HP to Indian Railways
As part of the contract worth Euro 3.5 billion won in 2015, Alstom will be supplying 800 fully electric high-powered double-section locomotives of 12,000 HP (9 MW) for freight service. This is the largest FDI project in the Indian Railway sector.Read more
Budget 2019-20 proposes PPP model for faster development of railways
It is estimated that Rs 50 lakh crores will be needed for railway infrastructure between 2018 and 2030, while capex outlays of Indian Railways are around 1.5 to 1.6 lakh crores per annumRead more