Railways to procure 20,000 wagons
Aiming at higher capacity, Railways are going ahead with their plan to procure 20,000 wagons during current financial year 2008-09.
By PTI |
NEW DELHI: Aiming at higher capacity, Railways are going ahead with their plan to procure 20,000 wagons during current financial year 2008-09.
"Indian Railways will procure a record 20,000 wagons during 2008-09 to meet the shortage of wagons during the peak time demand," Railway Board Chairman K C Jena told PTI.
A key concern of the customers regarding the inability of Railways to meet peak time demand during January to March due to shortage of wagons is being addressed in the coming years, Jena said.
Besides, rolling stock with higher capacity is also being inducted, he said and added induction of 250 diesel locomotives and 220 electric locomotives has been planned for the next year.
Process has also been initiated for procurement of high horse power locomotives through joint venture route, he said.
In order to encourage private investment in procurement of wagons and development of freight terminals, Railways are initiating various schemes including liberalised wagon investment scheme, wagon leasing scheme and terminal development scheme.
Railways are also planning to develop multi-logistic parks to cater to freight traffic requirements, the chairman said.
"Indian Railways will procure a record 20,000 wagons during 2008-09 to meet the shortage of wagons during the peak time demand," Railway Board Chairman K C Jena told PTI.
A key concern of the customers regarding the inability of Railways to meet peak time demand during January to March due to shortage of wagons is being addressed in the coming years, Jena said.
Besides, rolling stock with higher capacity is also being inducted, he said and added induction of 250 diesel locomotives and 220 electric locomotives has been planned for the next year.
Process has also been initiated for procurement of high horse power locomotives through joint venture route, he said.
In order to encourage private investment in procurement of wagons and development of freight terminals, Railways are initiating various schemes including liberalised wagon investment scheme, wagon leasing scheme and terminal development scheme.
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Railways are also planning to develop multi-logistic parks to cater to freight traffic requirements, the chairman said.
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