AGL 38.15 Decreased By ▼ -1.43 (-3.61%)
AIRLINK 125.07 Decreased By ▼ -6.15 (-4.69%)
BOP 6.85 Increased By ▲ 0.04 (0.59%)
CNERGY 4.45 Decreased By ▼ -0.26 (-5.52%)
DCL 7.91 Decreased By ▼ -0.53 (-6.28%)
DFML 37.34 Decreased By ▼ -4.13 (-9.96%)
DGKC 77.77 Decreased By ▼ -4.32 (-5.26%)
FCCL 30.58 Decreased By ▼ -2.52 (-7.61%)
FFBL 68.86 Decreased By ▼ -4.01 (-5.5%)
FFL 11.86 Decreased By ▼ -0.40 (-3.26%)
HUBC 104.50 Decreased By ▼ -6.24 (-5.63%)
HUMNL 13.49 Decreased By ▼ -1.02 (-7.03%)
KEL 4.65 Decreased By ▼ -0.54 (-10.4%)
KOSM 7.17 Decreased By ▼ -0.44 (-5.78%)
MLCF 36.44 Decreased By ▼ -2.46 (-6.32%)
NBP 65.92 Increased By ▲ 1.91 (2.98%)
OGDC 179.53 Decreased By ▼ -13.29 (-6.89%)
PAEL 24.43 Decreased By ▼ -1.25 (-4.87%)
PIBTL 7.15 Decreased By ▼ -0.19 (-2.59%)
PPL 143.70 Decreased By ▼ -10.37 (-6.73%)
PRL 24.32 Decreased By ▼ -1.51 (-5.85%)
PTC 16.40 Decreased By ▼ -1.41 (-7.92%)
SEARL 78.57 Decreased By ▼ -3.73 (-4.53%)
TELE 7.22 Decreased By ▼ -0.54 (-6.96%)
TOMCL 31.97 Decreased By ▼ -1.49 (-4.45%)
TPLP 8.13 Decreased By ▼ -0.36 (-4.24%)
TREET 16.13 Decreased By ▼ -0.49 (-2.95%)
TRG 54.66 Decreased By ▼ -2.74 (-4.77%)
UNITY 27.50 Decreased By ▼ -0.01 (-0.04%)
WTL 1.29 Decreased By ▼ -0.08 (-5.84%)
BR100 10,089 Decreased By -415.2 (-3.95%)
BR30 29,509 Decreased By -1717.6 (-5.5%)
KSE100 94,574 Decreased By -3505.6 (-3.57%)
KSE30 29,445 Decreased By -1113.9 (-3.65%)

The Pakistan Railways has decided to shift from carbon steel body rolling stock to stainless steel as part of its modernization move. Stainless steel is light weight, corrosion and fire resistant. "We need tailor made bogies and stock according to our needs. We are looking forward for large procurements and addition of new designs in building modern railways," CEO Railways Muhammad Anwer Javaid said while talking to CRRC Tanshan Corporation Ltd China Delegation led by HouZiGand, at Railway Headquarters Lahore.
The renowned company's delegation visited Pakistan Railways HQ to offer its expertise in rolling stock manufacturing. During presentation, they told the PR officers that the company founded in 1881 is one of the oldest railway stock manufacturing companies in China with over 1,000 engineers and 12,000 employees.
It is currently working in collaboration with the US and Canadian rail authorities on different projects. The CEO Railways said PR had doubled its income from Rs 18 billion to Rs 40 billion within a short span of three years and purchased 55 new GE Locomotives from the US. Under the CPEC agreements the TORs on up gradation of ML1 Railway Track are nearly finalized and things would be on ground soon. Pakistan Railways old rolling stock is nearly obsolete and it is bound to look for new and better options to replace the stock that meet the demands of upgraded track and modernization policy.
He thanked company's officials for showing interest in Pakistan Railways and presenting themselves for future collaboration. He said rules and regulation would be followed strictly and companies shall be selected through proper transparent bidding process. The delegation presented small gifts and souvenirs to the CEO and in return he presented shield and coffee table book on history of PR.

Comments

Comments are closed.