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March 29, 2012

News from www.railway-technology.com 29th March 2012

Network Rail signs ETCS framework agreement
Network Rail (NR) has signed a framework agreement with Ansaldo, Infrasig, Invensys Rail and Signalling Solutions for the development and design of a new European Train Control System (ETCS) for use in the UK.     

ADB extends loan for Bangalore metro project in IndiaThe Asian Development Bank (ADB) has signed an agreement to extend $250m to Bangalore Metro Rail (BMRCL) to partly-finance a metro rail project in the Indian city.       
                   
CN sells two Toronto region rail lines to MetrolinxCanadian National Railway (CN) has sold two rail line segments in the Toronto region to Metrolinx, the provincial agency that operates GO Transit for C$310.5m ($311.7m).       
                   
Deutsche Bahn awards Bad Cannstatt tunnel contract to AlpineDeutsche Bahn has awarded a €290m contract to Alpine and its partners Hochtief and Wayss & Freytag to build the Bad Cannstatt tunnel as part of the Stuttgart 21 project in Germany.       
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