Indian Railways plans to invite bids for passenger trains

16 Dec 2021 CW Team

National transporter Indian Railways is planning to invite bids for running trains with a capacity of over 150 passengers from private operators.

An identification of approximately 100 destinations has been done by the railways where these trains will be run by the winning companies. It is expected that most of these destinations will be the same in the bids that were invited last year. The process had to be withdrawn in November due to the muted interest displayed by the private companies.

Consultation with investors wanting to run passenger trains has begun by the railways. The bidding parameters will be adjusted on the basis of their feedback for attracting more bidders.

Railways had opened a Rs 30,000 crore tender in July last year for running the private trains on 109 origin-destination pairs.

The tender had been further divided into 12 clusters. Approximately 12 clusters received 120 applications from 15 different firms. Out of which the financial bids were received by three clusters from the Indian Railway Catering and Tourism Corporation (IRCTC) and Megha Engineering and Infrastructure (MEIL). GMR Highways, IRB Infrastructure and Developer, Cube Highways and Infrastructure III, and Welspun Enterprises are some of the firms that displayed interest initially.

Image Source

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..