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As On 23-Nov-2017
SENSEX
33,588.08
26.53 (0.08%)
NIFTY
10,348.75
6.45 (0.06%)
EQUITY
    No Companies Visited

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  • Railways to implement EPC mode for undertaking works

    All works above Rs 300 crore will be awarded on this mode

    The Minister of Railways, Suresh Prabhu has said that Engineering Procurement and Construction (EPC) mode will be implemented for allotting works to ensure participation of large professional players and minimizing cost and time overruns. While introducing the Railway Budget for 2016-17 in Parliament, the Minister said that at least 20 projects in the next financial year will be taken up on this mode of contracting and all works above Rs 300 crore will be awarded on this mode.

    The Minister said that Indian Railways will seek services of private parties in non-operational areas such as cleaning, facility management etc. He also said technological solutions for project management and monitoring will also be taken up. The latest Drone and Geo Spatial based satellite technology will be used to monitor physical progress across major projects and also the progress on Dedicated Freight Corridor, he added.

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Flash News 23-Nov-2017
  •  ( 17:07) Sensex rises 26.53 points or 0.08% to settle at 33,588.08  
  •  ( 15:47) Market closes near flat line  
  •  ( 14:37) TCS says Eastern Communications implements TCS HOBS  
  •  ( 13:49) European stocks drop  
  •  ( 12:35) Arrow Greentech secures product patent in US  
  •  ( 12:35) Healthcare Global to issue preferential shares  
  •  ( 12:35) Biocon launches cancer drug KRABEVA in India  
  •  ( 10:15) Winter session of Parliament likely from 15th Dec: Reports  
  •  ( 08:54) Asian stocks mixed  
  •  ( 08:54) Most US stocks end lower, Nasdaq hits record  
  •  ( 08:53) Govt constitutes task force for drafting new direct tax law  
Show News
23 November 2017 00:00
407.20
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1161.25
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544.25
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617.30
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270.90
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1703.25
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1846.70
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293.40
(-0.25 %)
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