Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
PTI

23 firms including Bombardier, Alstom attend meeting on running private trains: Railways

Composite photo of Alstom and Bombardier. File (Source: AFP)

As many as 23 firms including Bombardier, Alstom, Siemens and GMR have shown interest in running private trains in the country and attended a pre-application meeting Wednesday as a first step, the Railways said.

Other companies that attended the meeting on running private trains in 12 clusters included BEML, IRCTC, BHEL, CAF, Medha Group, Sterlite, Bharat Forge, JKB infrastructure and Titagarh Wagons Limited, it said.

The Railways has invited 12 Request for Qualifications for private participation in operation of passenger trains over 109 origin-destination pair of routes through introduction of 151 modern trains (rakes).

These new trains will be in addition to the existing ones operated on the network.

This is the first initiative of private investment for running passenger trains on the Railways network. The project would entail a private sector investment of about ₹ 30,000 crore.

The private entities for undertaking the project will be selected through a two-stage competitive bidding process comprising Request for Qualification (RFQ) and Request for Proposal (RFP).

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.