India and Switzerland on Thursday signed two Memorandums of Understanding (MoUs) in the field of Railways.
The pacts were inked after delegation level talks between Prime Minister Narendra Modi and visiting President of Swiss Confederation Doris Leuthard in New Delhi.
The first MoU is between Ministry of Railways and Federal Department of the Environment, Transport and Communications of the Swiss Confederation for technical cooperation in Rail Sector.
This was signed in the presence of Prime Minister Modi and Swiss President Leuthard by Ashwani Lohani, Chairman Railway Board and Andreas Baum, Swiss Ambassador to India.
The MoU is a follow up on bilateral cooperation in Rail sector discussed in the meeting held between Railway Minister Suresh Prabhakar Prabhu and Swiss Ambassador in July 2016.
The MoU aims at cooperation in the areas of:
More From This Section
a. Traction Rolling stock
b. EMU and Train sets
c. Traction Propulsion Equipments
d. Freight and Passenger Cars
e. Tilting Trains
f. Railway Electrification Equipments
g. Train scheduling and operation improvement
h. Railway Station modernization
i. Multimodal transport
j. Tunneling technology
The second MoU is between Konkan Railway Corporation Limited (KRCL) and Swiss Federal Institute of Technology (ETH) Zurich. This was signed by Sanjay Gupta, CMD/KRCL and Prof. Sarah Springman, Rector, ETH Zurich.
This will help Konkan Railway in establishing the George Fernandes Institute of Tunnel Technology (GFITT) at Goa especially for assimilation and dissemination of knowledge in the field of tunneling. GFITT aims to not only train KRCL's own manpower for its Tunneling Projects but also wishes to generate qualified and trained personnel for the benefit of other Government organisations, private sector and even foreign organisations to bridge the huge gap in levels of knowledge and qualified manpower required to meet the key segment of infrastructure development in India.
Disclaimer: No Business Standard Journalist was involved in creation of this content