STOCK MARKET BSE NSE

Union Cabinet Apprised of Japanese, Russian Railway Agreements

MoU with Russian Railways covers High Speed Rail (HSR) in India and satellite and geo-information technologies among others.

Published: 03rd March 2016 07:51 AM  |   Last Updated: 03rd March 2016 07:51 AM   |  A+A-

By IANS

NEW DELHI: The union cabinet was apprised of three important technological cooperation agreements Indian Railways inked with Japan and Russia in December 2015 on Wednesday.

On December 11, 2015, Ministry of Railways (MoR) signed a Memorandum of Cooperation (MoC) with Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for technical cooperation in the railways.

Similarly on the same day, Indian Railways' Research Design and Standards Organisation (RDSO) inked an MoU with Japanese Railway Technical Research Institute (RTRI).

While MoR and Joint Stock Company "Russian Railways" signed an MoU on December 24, 2015.

"The MoUs provide a platform for Indian Railways to interact and share the latest developments and knowledge in the railway sector. The MoUs facilitate exchange of technical experts, reports and technical documents, training and seminars/workshops focusing on specific technology areas and other interactions for knowledge sharing," said an official statement.

The MoC with MLIT enables technical cooperation in railway safety, rolling stock including train set, railway electrification, train control system and signalling and telecommunication among others.

And the MoU with Russian Railways covers High Speed Rail (HSR) in India and satellite and geo-information technologies among others.

While the MoU with RTRI encompasses safety in train operation, advanced techniques of maintenance, environment friendly technologies, throughput enhancement measures and others.

All the agreements are valid for three years including extensions for another two years as well.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp