Industry News
Rail industry news from India and worldwide: rolling stock manufacturers, signalling and systems suppliers, EPC contractors, financing, and technology partnerships across the metro and railway supply chain.
AIIB to approve USD 3 billion loans in the next 12 months
NEW DELHI (Metro Rail News): As part of its effort to improve connectivity, Beijing-based multilateral funding agency AIIB is looking to provide loans worth...
A long route for contactless “One Nation One Card” scheme for metros across the nation
Even after more than a year of its launch, the dream project remains a dream only as no adequate works on the ground has...
Chennai Metro to open Washermenpet-Wimco Nagar Stretch by Dec 2020
CHENNAI (Metro Rail News): As the nationwide lockdown along with least imports in the past months due to COVID-19 has affected the progress of...
Alstom to get EU antitrust approval to buy Bombardier Inc’s rail business
BRUSSELS (Metro Rail News): Alstom is all set to get European Union (EU) antitrust approval to buy Bombardier Inc’s rail business, people familiar with...
Germany to build World’s first hydrogen station for passenger trains
BREMERVORDE, GERMANY (Metro Rail News): With the coming of the hydrogen fuel-based trains, the travel is going to be cheaper, convenient and more eco...
UPMRC to get Rs 5,661 cr from EIB for Kanpur Metro Project
KANPUR (Metro Rail News): Uttar Pradesh Metro Rail Corporation Limited (UPMRC) to get approx. Rs 5,661 crore (Euro 650 million) for procurement of Rolling...
