New Delhi: A Memorandum of Understanding was signed in New Delhi on February 14th 2013 between the Ministry of Railways, Government of India and the Société Nationale des Chemins de Fer Français, the French National Railways, for Technical cooperation in the field of Railways.
Four areas of cooperation have been identified in the MoU. These are:
1) High speed and semi-high speed rail
2) Station renovation and operations
3) Modernisation of current operations and infrastructure
4) Suburban trains.
Under the High Speed Cooperation Programme, the Parties decided to carry out jointly an ‘operations and development’ feasibility project on the Mumbai-Ahmedabad High-Speed Rail. This project will be funded by SNCF with a support from the French Ministry of Finance.