Media reports indicate that the Indian Railways invited requests for qualification (RfQ) from domestic and foreign firms for setting up two locomotive factories at an investment of Rs 32,000 crore. The Railways expects to award these two projects, which include setting up diesel locomotive factory and a electric locomotive factory, by December. The Railways planned to set up an electric locomotive factory at Madhepura and a diesel locomotive factory at Marh
The Civil Aviation secretary recently confirmed that rates for six airports of the AAI will be finalised before the issue of bids for the PPP development of the projects. This will reduce the scope of aggressive bidding, limit the cost burden on passengers and improve the profitability of companies.