Indian Railways enters into agreement with Government of Russian Federation

October 8, 2018: A Memorandum of Cooperation has recently been signed between India’s Ministry of Railways and the Joint Stock Company ‘Russian Railways’ on the sidelines of India-Russia Summit. The MoC intends to carry forward the activities taken up under the MoU signed between the two countries in December, 2015.

The Memorandum of Cooperation includes points like the implementation of speed up gradation project of Nagpur-Secunderabad section; setting up of single traffic control centre for managing mixed traffic at local level; best practices in freight cargo operation; development of multi modal terminals; and exchange of best technologies being practiced by the two countries; and training and advanced qualification improvement of Indian railway employees with the involvement of Russian railway-related higher education establishments.

The cooperation agreement was signed by railway board chairman Ashwani Lohani from Indian side and Oleg Belozerov, CEO & chairman of Russian Railways.