The Chennai cluster of the Indian Railways has not received any financial bid for operating trains under public-private partnerships (PPP). The railways had invited financial bids for operating 152 pairs of private trains across the country under 12 clusters. After multiple rounds of discussion with the industry players for the past few years, the bids for PPP in the Passenger Train Operations project were opened on July 23.
The railways in a statement said it has received bids from both private and public sectors to operate 29 pairs of trains with around 40 modern rakes entailing an investment of around Rs 7,200 crore. Of the 12 clusters, financial bids were received only for three clusters – Delhi-1, Delhi-2 and Mumbai-2. Nine clusters including Chennai which proposed to operate trains from various parts of the State did not receive any bids. A total of 16 trains have been proposed under PPP. While Chennai cluster proposed to operate 14 trains, Jaipur and Howrah clusters each planned to run a long distance train (to Chennai).
The companies that participated in the bidding had to indicate the revenue share with railways for winning the bids. The successful bidder has to pay the haulage charges for railways.