Electronic devices installed along tracks provide train signals to a computer fitted in the locomotive. If a driver goes over the designated speed, a dashboard in front of him gives a red alert sign at first. Even after this, if the train continues its journey, the train's brake is automatically applied.
The Indian Railways is replacing its outdated signalling system with the latest automated train protection technologies - European Train Control System and Train Collision Avoidance System.
The system to be supplied by two firms based in Italy and France will fulfil the need for an aid to the driver in observing signal aspects and in acting upon it correctly.
Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.
'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'
Minister of Railways Piyush Goyal spoke with the media about his privatisation plan, safety road map and innovation strategy.
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