2 rail lines in Karnataka to be based on PPP model

01 Aug 2010

The Ministry of Railways has asked the Rail Vikas Nigam Ltd (RVNL) to examine the possibility of setting up a special purpose vehicle (SPV) to undertake construction of two new railway lines under the public private partnership (PPP) model in Karnataka. Bagalkot-Kudachi and Talaguppa-Honavar are the two railway lines. Both railway lines entail a collective outlay of Rs 2,350 crore.

Contact: Ministry of Railways Website: www.indianrailways.gov.in

Related Stories