RAILWAYS

Indian Railways Terminates Rs 30,000 Crore Private Train Tender; No Private Trains Now?

The Ministry of Railways is canceling the tender for running 151 private trains along 109 major routes. It will reevaluate the process due to weak response on the bids from private players.

The Clusters Up For Grabs
Only 3 out of the 12 clusters up for bidding saw any response.

Two of the 12 clusters would be in Delhi and Mumbai each.

Finally, there would be one cluster each in Secunderabad, Chennai, Howrah, Jaipur, Prayagraj, Chandigarh, Bengaluru, and Patna.

Only Two Bidders Respond
The Indian Railways had, in July last year, started the process of allowing private trains on 109 routes.

But only 2 bidders expressed any interest- the Indian Railway Catering & Tourism Corporation (IRCTC) and Megha Engineering & Infrastructures.

This prompted the government to reconsider the purpose of bringing in private players to run trains.

Source
Trak
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