Private train project: IRCTC and MEIL submits bids
RAILWAYS & METRO RAIL

Private train project: IRCTC and MEIL submits bids

Indian Railways opens bids for a public-private partnership (PPP) in passenger train operations projects in three clusters, while Indian Railway Catering and Tourism Corporation (IRCTC) and Megha Engineering and Infrastructures (MEIL) participate in the bidding process.

Indian Railway Catering and Tourism Corporation (IRCTC) and Megha Engineering & Infrastructures (MEIL) have submitted their bids for Rs 7,200 crore for the Private Train Project in three clusters - Mumbai 2, Delhi 1, and Delhi 2 under the Government of India's passenger train operation projects in New Delhi.

The Ministry of Railway told the media that after multiple rounds of detailed discussion with industry players, the bids for PPP in passenger train operations project were opened on 23 July 2021. The Ministry has received bids from both the public and private sector to operate 29 pairs of trains with around 40 pairs of modern rakes with an investment of around Rs 7,200 crore.

Around 30 pairs of private train services will be operated in three clusters, and the project will attract investment of around Rs 7,200 crore. A total of Rs 30,000 crore investment will be done for running passenger trains, according to the plan.

The private players will be selected through a transparent two-stage competitive bidding process involving a request for qualification (RFQ) and a request for proposal (RFP) to carry out the Private Train Project.

According to the private train plan, Indian Railways expects to start private rail operations with 12 trains by March 2023, and it intends to launch 151 such services by 2027.

Image Source


Also read: Railways to roll out 10 Vande Bharat trains connecting 40 cities

Indian Railways opens bids for a public-private partnership (PPP) in passenger train operations projects in three clusters, while Indian Railway Catering and Tourism Corporation (IRCTC) and Megha Engineering and Infrastructures (MEIL) participate in the bidding process. Indian Railway Catering and Tourism Corporation (IRCTC) and Megha Engineering & Infrastructures (MEIL) have submitted their bids for Rs 7,200 crore for the Private Train Project in three clusters - Mumbai 2, Delhi 1, and Delhi 2 under the Government of India's passenger train operation projects in New Delhi. The Ministry of Railway told the media that after multiple rounds of detailed discussion with industry players, the bids for PPP in passenger train operations project were opened on 23 July 2021. The Ministry has received bids from both the public and private sector to operate 29 pairs of trains with around 40 pairs of modern rakes with an investment of around Rs 7,200 crore. Around 30 pairs of private train services will be operated in three clusters, and the project will attract investment of around Rs 7,200 crore. A total of Rs 30,000 crore investment will be done for running passenger trains, according to the plan. The private players will be selected through a transparent two-stage competitive bidding process involving a request for qualification (RFQ) and a request for proposal (RFP) to carry out the Private Train Project. According to the private train plan, Indian Railways expects to start private rail operations with 12 trains by March 2023, and it intends to launch 151 such services by 2027. Image Source Also read: Railways to roll out 10 Vande Bharat trains connecting 40 cities

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code