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Construction : Transport Update | January 2016 | Source : CW-India

PPP projects under proposed rail regulator┬┤s ambit

Rail Ministry plans to bring PPP projects under the ambit of the proposed regulator for the rail sector. The idea is to turn around Indian Railways┬┤ unsuccessful experience with PPP projects as part of larger reforms to boost investments through private participation. Indian Railways has undertaken 20 projects worth Rs 14,000 crore in the current plan period including new lines, doubling and electrification projects on the PPP mode. While seven PPP projects of Rs 5,693 crore are under implementation as part of a JV model, an additional Rs 2,236 crore worth of projects are being executed through the customer-funded model.

Contact: Ministry of Railways.

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