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New Delhi:
The first set of 12 non-public trains will probably be launched in 2023, adopted by 45 extra within the subsequent fiscal, in response to an preliminary timeline drawn by the railways which plans to roll out all 151 such prepare companies by 2027, officers mentioned.
In a proper kick-start to its plans to permit non-public entities to function passenger trains on its community, the railways earlier this month invited proposals from firms to run 151 trendy passenger trains on 109 pairs of routes throughout the nation. The undertaking would entail a personal sector funding of about Rs 30,000 crore.
As a part of the plan for personal trains, the railways has deliberate to introduce 12 trains in 2022-23, 45 in 2023-2024, 50 in 2025-26 and 44 extra within the subsequent fiscal, taking the overall variety of trains to 151 by the top of FY 2026-2027.
The request for qualification (RFQ), which was floated on July 8, is more likely to be finalised by November, the monetary bids will probably be opened by March, 2021 and collection of bidders is deliberate by April 31, 2021, in response to a timeline for introduction of personal passenger trains ready by the railways.
Bidders quoting the very best share in gross income shall be awarded the undertaking, officers mentioned.
“We have worked out a plan by which we hope to begin private train operations. Tenders will be finalised by March 2021 and trains will operate from March, 2023,” a senior official mentioned.
The railways additionally has pre-specified penalties which will probably be recovered from the non-public gamers for failure to fulfill the prescribed efficiency requirements and outcomes. Similarly, penalties will probably be pre-specified within the Concession Agreement for the failure on the a part of the railways, officers mentioned.
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