Russian Rlys keen on India taking part in rail-cum-sea link
Published on Thu, Mar 22, 2007 at 08:51 | Source : Moneycontrol.com
Updated at Thu, Mar 22, 2007 at 09:44
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Russian Rlys keen on India taking part in rail-cum-sea link
The Russian Railways has initiated talks with the Indian Railways to take a lead in forming a consortium (an operating company) that would offer container transportation service between Russia, Iran and India through a rail-cum-sea link.
The line will take land traffic along the West Coast of the Caspian Sea and provide outlets to the railways of Azerbaijan and Russia, according to the Russian Railways.
Moreover, the Russian Railways has already built a ferry service across the Caspian Sea to Iran. In 2005, the Russian part of the corridor carried 9.1 million tonnes of freight by rail.
Speaking to Business Line on the sidelines of International Union of Railways conference, the Russian Railways President, Mr Vladimir Yakunin, said, 'We have suggested that an operator be formed led by India, Russia and Iran. We are in talks with the Indian Government officials on the issue.'
When asked about specific details on the nature of the proposed company, Mr Vladimir said, 'These are initial talks. It would be very early to comment on the issue.'
