RAILWAYS

Railways receive 120 applications from 15 firms for running private trains

The Indian Railways has received a total of 120 applications from 15 firms including L&T, GMR and Welspun in response to its Request for Quotation inviting private players to run trains on key routes, the railway ministry announced on Wednesday.

The railway ministry on July 1 began the formal process of allowing private trains on 109 routes — a process that aims to, for the first time, to open up one of the government’s most prominent enterprises that has in recent decades been outpaced by the demands of a rapidly growing economy.

The firms which have made the applications for the clusters include Arvind Aviation, BHEL, Construcciones y Auxiliar de Ferrocarrriles, S.A, Cube Highways and Infrastructure III Pvt Ltd, Gateway Rail Freight Limited, GMR Highways Limited, Indian Railway Catering and Tourism Corporation Limited, IRB Infrastructure Developers Limited.

The others are L&T Infrastructure Development Projects Limited, Malempati Power Private Limited, Megha Engineering and Infrastructures Limited, PNC Infratech Ltd, RK Associates and Hoteliers Pvt Ltd, Sainath Sales and Services Pvt Ltd and Welspun Enterprises Limited. Overall, 14 Indian firms and one Spanish firm are in the race to run private trains in India.

Source
hindustan times
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