RAILWAYS

Bombardier, Siemens among 23 firms keen on running private trains in India

Bombardier Transportation India, Siemens Limited, Alstom Transport India Ltd are the big names among 23 firms that have evinced interest in running private trains on Indian Railways’ network of more than 100 key routes.

A pre-bid meeting was held by the ministry of railways on Wednesday with the firms. The private firms raised several queries regarding flexibility in clusters, eligibility criteria, bidding process, procurement of trains, fares, operations and Maintenance, officials aware of the development said.

Private players will be given full freedom to decide the fare for the passengers and will be given the option of either purchasing the trains or leasing them in terms of procurement, officials from the Niti Aayog and railway ministry clarified.

The 23 firms who have sought interest in the tender are: Medha Group, ALSTOM Transport India Ltd, state-run BEML Limited, Bharat Heavy Electricals Limited (BHEL), Bharat Forge, IRCTC Ltd, Bombardier Transportation India, CAF India Pvt. Ltd, Gateway Rail, GMR Infrastructure Ltd, Hind Rectifiers Limited, Iboard India Private Limited

Source
hindustan times
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