Indian Railway reveals, private companies will get projects for next 35 years
Indian Railway reveals, private companies will get projects for next 35 years

Private companies have been invited by the Central Government to run passenger trains on the Indian rail network for the first time. Ministry of Railways has sought applications from private companies for running passenger trains through 151 modern trains on 109 pairs of routes. The private sector investment in this project will be 30 thousand crore rupees.

Last year, IRCTC started the first private train Lucknow-Delhi Tejas Express. According to the Railways, the motive behind the move has been to develop new technology with the lower cost of maintenance in Indian Railways, shorter transit time and increase job opportunities, better safety and experience of world-class travel. There will be 109 pairs of Route 12 clusters on the Indian Railways network. Each train will have at least 16 coaches. All trains running on these routes will have a maximum speed of 160 km / h.

Railways have also said that most of these modern trains will be built in India under 'Make in India'. The financial arrangements, acquisition, operation and maintenance of trains will be the responsibility of private companies. Railways have also said that it will give these projects to private companies only for 35 years. The private company will have to pay a portion of the revenue fixed by the fixed railway charges, energy consumption by consumption and transparent bidding process to the Indian Railways. All these trains will have drivers and guards from the Indian Railways.

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