Railways renews MoU with Switzerland for technical cooperation
RAILWAYS & METRO RAIL

Railways renews MoU with Switzerland for technical cooperation

The Railways renewed a memorandum of understanding (MoU) with the Federal Department of Environment, Transport, Energy and Communications (DETEC) of the Swiss Confederation to enhance technical cooperation between the two nations, an official statement said. The MoU, renewed and formalised through video conferencing, received approval from the ministries of Railways and External Affairs, it said.

Addressing the MoU signing ceremony, Union Railways Minister Ashwini Vaishnaw said it will provide a comprehensive framework for collaboration to the Indian Railways in various areas, including technology sharing, track maintenance, management and construction, according to the statement issued by the Ministry of Railways said. This MoU also aligns with the government's commitment to modernise the Indian Railways, Vaishnaw said. Federal Councillor and Head of the Federal DETEC Albert Roesti said Switzerland's advanced railway technology will benefit the Indian Railways by improving operational efficiency, safety standards, service quality and railways infrastructure development.

The original MoU, signed on August 31, 2017, was valid for five years and focused on several key areas of collaboration such as traction rolling stock, Electric Multiple Units (EMU) and train sets, freight and passenger cars and tilting trains, the statement said.

"This partnership is set to enhance the efficiency and reliability of railway services in India, ultimately benefiting passengers and freight operations alike. Notable Swiss companies will supply machinery, materials and tunneling consultancy services," it said.

The Railways renewed a memorandum of understanding (MoU) with the Federal Department of Environment, Transport, Energy and Communications (DETEC) of the Swiss Confederation to enhance technical cooperation between the two nations, an official statement said. The MoU, renewed and formalised through video conferencing, received approval from the ministries of Railways and External Affairs, it said. Addressing the MoU signing ceremony, Union Railways Minister Ashwini Vaishnaw said it will provide a comprehensive framework for collaboration to the Indian Railways in various areas, including technology sharing, track maintenance, management and construction, according to the statement issued by the Ministry of Railways said. This MoU also aligns with the government's commitment to modernise the Indian Railways, Vaishnaw said. Federal Councillor and Head of the Federal DETEC Albert Roesti said Switzerland's advanced railway technology will benefit the Indian Railways by improving operational efficiency, safety standards, service quality and railways infrastructure development. The original MoU, signed on August 31, 2017, was valid for five years and focused on several key areas of collaboration such as traction rolling stock, Electric Multiple Units (EMU) and train sets, freight and passenger cars and tilting trains, the statement said. This partnership is set to enhance the efficiency and reliability of railway services in India, ultimately benefiting passengers and freight operations alike. Notable Swiss companies will supply machinery, materials and tunneling consultancy services, it said.

Next Story
Infrastructure Urban

WABAG Secures Operation Contract for BAPCO Treatment Plant

VA TECH WABAG (WABAG), a leading pure-play water technology multinational group, continues to expand its presence in the Middle East region and strengthen its leadership in the O&M business, securing an order worth Rs 1.21 billion from BAPCO Refining B.S.C (BAPCO) towards operation (O&M) of Industrial Wastewater Treatment Plant (IWTP) located in the Kingdom of Bahrain, for a period of seven years.This state-of-the-art IWTP treats 4,400 US gallons per minute (USGPM) of Wastewater and is based on advanced Membrane Bioreactor (MBR) technology, which ensures superior treatment efficiency, ..

Next Story
Real Estate

Ajmera Realty Acquires Land Parcel in Ghatkopar East

Ajmera Realty & Infra India (ARIIL) has acquired a 1,341.1 sq. mt. premium land parcel in Ghatkopar East, Mumbai. This acquisition, secured through a competitive bidding process with KJ Somaiya Trust at a cost of Rs 0.51 billion. With the earnest money paid and an MoU in place, the project is expected to yield a carpet area of ~44,000 sq. ft., with an estimated GDV of Rs 1.75 billion, said the BSE filing.Situated in Ghatkopar East, a well-established locality with a rising demand for spacious, high-end living, the company sees significant potential to launch an ultra-luxury project in this..

Next Story
Real Estate

Lemon Tree Hotels Launches 8th Property in Gujarat

Lemon Tree Hotels announces the opening of Keys Lite by Lemon Tree Hotels, Vadodara, Gujarat. This is the eighth property of the group in the state, as per the BSE filing.The efficient and affordable hotel features 63 well-appointed rooms and will open in two phases. Of these 57 rooms, a multi-cuisine coffee shop – Keys Café, along with expansive banquet spaces and conference facilities will be launched in the first phase. The remaining six rooms will be operational soon after in the second phase.Vadodara is known for its glorious past, echoed in its magnificent palaces and rich culture. Be..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000