Thursday, 25 February 2016

Indian Railways sign MoU with Sweden

Railways sign MoU with Sweden on Technical Cooperation


IR & Sweden cooperationNew Delhi: To run goods trains in cold conditions, railways today joined hands with Sweden for technical cooperation in rail sector between both countries.
“Sweden being the cold country, it has expertise on freight operation in the freezing weather. Now Indian Railways is also aiming to operate freight during the cold condition,” said a senior Railway Ministry official involved with the agreement process with Sweden.
Besides railways also aims to acquire Swedish expertise to run semi-high speed train on existing tracks.
A Memorandum of Understanding (MoU) was signed between the Railways and the Ministry of Enterprise and Innovation of Sweden on technical cooperation in rail sector.
MoU envisages upgradation of technology to preserve commodities during adverse weather in freight operation. Exchange of knowledge, technical expertise, innovation, technology, sustainable solutions and research are some other areas where both countries have agreed to work in rail sector. The official said MoU is to develop cooperation activities in the Railway area to promote efficiency and sustainability and achieve concrete results with regard to bilateral trade, investment, research and technology transfer. MoU will remain in force for 5 years from the date of signing. It can be extended for a further period of five years with the written consent of both sides.
Following cooperation areas are identified in the MoU:
(a) Benchmark Railways policy development, regulations, organization and specific characteristics for each country.
(b) Exchange of knowledge, technical expertise, innovation, technology, sustainable solutions and research.
(c)  Other cooperation projects agreed between the participants, such as, tilting coaches/trains, capacity allocation (time tabling) and optimisation of maintenance and improved freight/combination traffic.
(d) Training and continuing education program in reliability and maintenance of Rail transport system for Railway engineers and managers.
Main objectives of MoU is to develop cooperation activities in the Railway area to promote efficiency and sustainability and achieve concrete results with regard to bilateral trade, investment, research and technology transfer.
MoU will remain in force for 5 years from the date of signing. It can be extended for a further period of 5 years with the written consent of both sides

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