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Railways initiates process to allow private players to run trains: Key highlights

The private entity will be responsible for financing, procuring, operating and maintaining the trains

July 02, 2020 / 02:20 PM IST

The Railways on July 1 formally kick-started plans to allow private entities to operate passenger trains on its network. The national transporter invited request for qualifications (RFQ) for participation in 109 pairs of routes through 151 modern trains.

Here are the key highlights of the announcement:

>  This is the first initiative for private investment in running passenger trains on the Indian Railways' network. It began last year with the Indian Railway Catering and Tourism Corporation (IRCTC) introducing the Lucknow-Delhi Tejas Express.

> The project would entail a private sector investment of about Rs 30,000 crore.