PPP on track, green light for 150 pvt trains

The IRCTC will run a third private train between Varanasi and Indore this month as part of the railroad movement to accelerate 150 passenger trains in a public-private partnership (PPP).

He also plans to invite offers from private players for the remodeling of New Delhi and Termini of Mumbai in the next three months.

Indicating that the railroads will take more initiatives to attract private investments, the finance minister said on Saturday: “The four-station development projects and the operation of 150 passenger trains would be carried out through the PPP mode. The process of inviting private participation is underway. ” More Texas-type trains (wagons only) will be introduced to connect iconic tourist destinations, and the government will actively pursue the high-speed train between Mumbai and Ahmedabad.

The president of the Railways Board, V K Yadav, told reporters that they will soon deploy a premium Humsafar train (with AC-3 accommodation and 3-level accommodation) on the Varanasi-Indore route, which will be operated by IRCTC. It will work three times a week: two days through Lucknow and one day through (Allahabad). It will take private players some time to run trains on the identified routes, ”he said, adding that the railways will invite tenders for redevelopment of 10 more stations, in addition to the four announced by FM.

Live plus Sitharaman said the railroads are preparing a proposal to establish a large capacity of solar energy along the railway tracks and on the land of their property. In December, Yadav had shared the vision of installing 500 megawatt solar plants by 2021-22.

Responding to a question about the FM statement of the small operating surplus of the railroads during this fiscal year, Yadav said they have reduced expenses, particularly because of diesel. Official data shows that while the estimate of expenditures for 2019-20 was almost Rs 21.9 billion, in the revised estimate it was reduced to Rs 17.8 billion.

Los ferrocarriles obtendrán alrededor de Rs 70,000 millones de rupias en 2020-21 y se ha propuesto un desembolso de gastos de capital de Rs 1.61 lakh crore, un 3% plus bajo que el año anterior.