Wednesday, September 23, 2020

Initiatives in Public Private Partnerships to boost Railway Infrastructure

September 16, 2020 07:12 PM

NEW DELHI: It is estimated that Indian Railways would need Capital investment of around ₹ 50 lakh crore upto 2030 for network expansion and capacity augmentation, rolling stock induction and other modernization works to enable better delivery of passenger and freight services and to improve its modal share in transport. To bridge the gap in capital funding and to induct modern technologies and improve efficiencies, it is being planned to use Public Private Partnership (PPP) model for few initiatives. One of the PPP initiatives is to invite private players to invest and induct modern rakes over select routes to provide world class services to the passengers. As part of this initiative, Ministry of Railways have issued 12 Requests for Qualification (RFQs) on 1st July, 2020 for operation of passenger trains over approximately 109 origin-destination pairs (divided into 12 clusters) through PPP on Design, Build, Finance and Operate (“DBFO”) basis.

The routes are spread across the entire Indian Railway network and the list is available in the public domain namely, However, the responsibility of train operations and safety certification rests with Indian Railways in all such cases.

As of now, no regular passenger train service, running over Indian Railways, is being operated by Private Operator(s).

This information was given by the Minister of Railways and Commerce & Industry, Shri Piyush Goyal in a written reply to a question in Lok Sabha today.

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