The private trains project of the Indian Railways has been able to generate the desired level of interest among private entities, according to experts.
They feel it won't be a surprise if the companies get into a bidding war for some premium routes.
"The response has been very good. If there are 23 bidders and the high-yielding routes like Delhi-Mumbai and Delhi-Howrah, there is a possibility of a bidding war," Vinayak Chatterjee, Chairman, Feedback Infra, told Moneycontrol.
But Chatterjee said the private companies would also like to get more clarity on a few aspects related to the arrangement that has been proposed by the Railways.
"The nature and constitution of an independent regulator, designated speed of 160 km/hr, full cooperation in equitable use of track and signalling are some of the factors which would be playing on the minds of the private operators," he said.