Privatisation on the cards
At the start of July, Indian Railways officially set in motion their privatisation plan, inviting requests for qualification from interested private companies, here’s all the potential contenders
What’s at stake?
The current call is for running 151 trains in 109 routes; Estimated peg a minimum investment of at least Rs 30,000 crore.
The Subash Chandra led group could be in the running, having already forayed into the field in 2018. Essel’s Infraprojects arm won the contract for the Eastern Freight Corridor.
The company’s case for helping privatise Indian Railways is made much stronger by the fact that they own the largest private lines – spanning 300 kilometers – in India.