| Air India to get Rs 2,000 cr more as equity for revival |
| FM says there will be no additional borrowing in the remaining part of the current fiscal |
| Press Trust of India / New Delhi Dec 07, 2012, 20:52 IST |
http://www.business-standard.com/india/news/air-india-to-get-rs-2000-cr-more-as-equity-for-revival/198832/on
APL Logistics, Vascor venture to serve India’s auto sector
Rlys plans to develop LNG-based loco - BL Bureau
NEW DELHI, DEC. 7:
Russian Railways-backed joint company, BHEL and Hindustan Aeronautical Ltd-backed Indo Russian Aviation Ltd have expressed interest in developing a LNG turbine based locomotive for heavy and long haul operations.
Research Design and Standards Organisation (RDSO), the research arm of Indian Railways, had invited expressions of interest to develop a locomotive prototype equipped with a single gas turbine operating on LNG. This is expected to bring down the operating cost of locomotives.
Three parties have shown interest – joint stock company led by Russian Railway Research Institute, Moscow (Russian Railways, owned by Russian Government); Indo Russian Aviation Ltd and BHEL. Kotla Jaya Surya Prakash Reddy, Minister of State of Railways, stated this Rajya Sabha on Friday.
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