Titagarh Wins Rs 4.31 Billion Order For Pune Metro Trains
Shares of Titagarh Rail Systems advanced on Monday after the company announced a fresh contract for the Pune Metro Rail Project. The stock touched an intraday high of Rs 961.80 on the NSE, up 2.72 per cent, before easing to Rs 949.20—still 1.37 per cent above Friday’s close.In a regulatory filing, the consortium of Titagarh Rail Systems and its associate, Titagarh Firema S.p.A., said it had received a Letter of Approval from Maharashtra Metro Rail Corporation Ltd for the supply of 12 additional electric multiple unit trainsets. The order, issued under a quanti..
Western Railway Seeks Rs 3.95 Billion Fee for BMC Water Pipelines
Western Railway has invoiced the Brihanmumbai Municipal Corporation for Rs 3.95 billion in Right of Way (RoW) licence fees covering a ten year period for underground water pipelines laid beneath railway land across Mumbai. The demand, disclosed through an RTI query by railway activist Samir Zaveri, requires payment in advance.These pipelines deliver filtered drinking water to millions of residents. Railway officials have based the charge on current market values of the land above the pipes, a valuation that has astonished civic authorities and policy experts.Zaveri points out that BMC su..
Third Rail Tests Begin on Bengaluru Metro’s Pink Line
The long awaited Pink Line of Namma Metro has reached a key milestone as Bangalore Metro Rail Corporation Ltd (BMRCL) starts third rail electrification tests on the elevated section between Jayadeva and Tavarekere stations. This power supply check is the first in a series of technical validations required before the 21.3 km corridor can open.According to officials, the current trials cover the elevated stretch of the Kalena Agrahara–Nagawara route. Once the third rail passes safety checks, teams will move on to signal validation, telecommunications testing and loading trials to ver..
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