educratsweb logo


Ministry of Railways has organized Pre application conference on Private Train Project today. The conference received an over-whelming response with participation of around 16 prospective Applicants. 

Ministry of Railways has invited 12 Request for Qualifications for private participation in operation of passenger train services over 109 Origin Destination pair of routes through introduction of 151 modern Trains (Rakes) which shall be in addition to the existing trains operated on the network. 

This is the first initiative of private investment for running Passenger Trains over Indian Railway Network. The project would entail private sector investment of about Rs 30,000 crore. 

The initiative is towards improving the availability of transportation services to the people of this Nation, introduce modern technology rolling stock and services that would improve the overall travel experience of passengers. Multiple operators in train operations will create competition and improve service delivery. This initiative is also intended at reducing demand supply deficit in the passenger transportation sector. 

The private entities for undertaking the projected will be selected through a two-stage competitive bidding process comprising of Request for Qualification (RFQ) and Request for Proposal (RFP). 

As part of the Biding Process, Ministry of Railways has conducted first pre-Application Conference on July 21, 2020 which has received an over-whelming response with participation of around 16 prospective Applicants. The issues and concerns raised by the prospective Applicants were discussed and clarifications were provided by the officials of Ministry of Railways and NITI Aayog for improved clarity on the provisions of RFQ and bidding framework. The queries were mainly related eligibility criteria, bid process, procurement of rakes, operations of trains and composition of clusters. 

There were queries on haulage charges for which Ministry of Railways has replied that haulage charges will be specified upfront and will be suitably indexed for the entire concession period thereby bringing certainty in the haulage charges. 

Ministry of Railways will also be providing the details of passenger traffic being handled on the routes under biding. This will enable bidders to undertake their due diligence in the project 

Ministry of Railways has clarified that trains to operated under the project can be either purchased or taken on lease by the private entities. Ministry of Railways has also clarified that risks with regard to operation of trains shall be allocated to the parties in an equitable manner. 

Ministry of Railways will be providing written replies to the queries received from the prospective Applicants by July 31, 2020. The second pre-application conference is scheduled on 12 Aug 2020.

https://pib.gov.in/PressReleasePage.aspx?PRID=1640238

Pre-application conference on Private Train Project held today
Contents shared By educratsweb.com

if you have any information regarding Job, Study Material or any other information related to career. you can Post your article on our website. Click here to Register & Share your contents.
For Advertisment or any query email us at educratsweb@gmail.com

RELATED POST
1. Shri G C Murmu Takes over as C&AG of India
2. Gadkari emphasises upon improving MSME footprint in 115 aspirational districts*
3. Unlocking Online Dispute Resolution to Enhance the Ease of Doing Business
4. NTPC Group achieves over 100 BUs of cumulative generation in the current financial year
5. Dawn of A New Era of Peace, Progress & Prosperity in Jammu, Kashmir and Ladakh : A Series of Road & Highway Projects to Give Impetus to Growth
6. Union Minister of Panchayati Raj & Rural Development Shri Narendra Singh Tomar distributes National Panchayat Awards 2020
7. IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
8. Union Minister of Textiles and Women & Child Development, Smt Smriti Zubin Irani extends greetings on the occasion of the 6th National Handloom Day
9. Prime Minister Shri Narendra Modi to inaugurate submarine cable connectivity to Andaman & Nicobar Islands (A&NI) on Monday 10th August
10. Union Minister Shri Ram Vilas Paswan urges States and UTs to fully implement One Nation One Ration Card scheme without any delay
11. Shri Mansukh Mandaviya launches the Online Exit Examination system for seafarers
12. Inaugural run of Devlali-Danapur Kisan Rail flagged off
13. Vice President asks civil servants to be pro-active change-agents in building a New India
14. Letter of Recommendation module launched to include vendors who don’t have Identity Card and Certificate of Vending under PM SVANidhi
15. Agriculture Mechanization and Technology Division takes various initiatives for farmers’ welfare under Atma Nirbhar Bharat Abhiyaan/Krishi
16. Delhi Airport develops portal for all international arriving passengers across India
17. Proposals for the construction of nearly 10.28 Lakh houses approved under PMAY(Urban)
18. English rendering of text of PM’s speech at Higher Education Conclave
19. TRIFED Reiterates its commitment towards transformation of tribal lives on the occasion of its Thirty-Third Foundation Day
20. PM delivers inaugural addresses at the Higher Education Conclave
21. Prof. (Dr.) Pradeep Kumar Joshi takes oath as Chairman, UPSC
22. PM inaugurates Rashtriya Swachhata Kendra - an interactive experience centre on the Swachh Bharat Mission
23. MyGov Announces Winners of ‘AatmaNirbhar Bharat App Innovation Challenge’; Encourages the Spirit of Self-Reliance & Innovation
24. 21 ESIC Hospitals Converted into Dedicated COVID-19 Hospitals Across the Country with the Facility of 2400 Isolation Beds: Santosh Gangwar
25. Ministry of Jal Shakti launches new version of India Water Resources Information System
26. Lord Ram temple will boost the Religious/Spiritual tourism- Tourism Minister
27. 17 crore mandays employment provided and Rs 13,240 crore paid to migrant labourers under Garib Kalyan Rojgar Abhiyaan in 6 weeks
28. Shadesmart & Radiant Cooling technologies promote energy-efficient cooling in buildings
29. NITI Aayog’s Atal Innovation Mission unveils National Winners of the ATL Tinkering Marathon 2019
30. SAI launches Khelo India Mobile App online training program for principals, PE Teachers
31. Vice President reads Ramayana with his wife at Upa-Rashtrapati Nivas on the occasion of the Bhoomi Pujan in Ayodhya
32. Celebration of the 74th Independence Day will be marked by the musical performances of the Bands from Army, Navy and Indian Air Force
33. Jal Jeevan Mission: A reservoir of clean water & employment opportunities
34. Curriculum redesigning for NSNIS Diploma and strengthening faculty at NCSC among key decisions taken by SAI Academic Council
35. PM to launch financing facility under Agriculture Infrastructure Fund and release benefits under PM-KISAN tomorrow
36. PM performs Bhoomi Pujan at Shree Ram Janmabhoomi Mandir
37. India and Japan are looking to have trusted partners from authentic investors: Shri Piyush Goyal
38. IBBI amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
39. Assam gets own 24/7 Doordarshan Channel
40. DST launches INR 15 Crore fund to support India-Russia collaboration joint R&D and cross-country technology adaptation
41. MoES-Knowledge Resource Centre Network (KRCNet) Launched on the Foundation Day of Ministry of Earth Sciences
42. IRCTC of Indian Railways and SBI Card launch Co-branded Contactless Credit Card on RuPay Platform
43. Sports Minister Kiren Rijiju said on Friday that the ministry will launch Target Olympic Podium Scheme (TOPS) Junior to groom young athletes for the 2024 and 2028 Olympics.
44. JNCASR spinoff launched molecular probes used in COVID-19 test kits
45. Induction of Rafale in Indian Air Force
46. Shri Dharmendra Pradhan Calls for Balancing Life and Livelihood, as India Unlocks
47. Average completion time for houses under restructured Pradhan Mantri Awaas Yojana-Gramin comes down to 114 days; 1.10 crore houses completed which includes houses to 1.46 lakh landless beneficiaries
48. Shri Arjun Munda inaugurates e-Symposium “Emergent North-East India: Strategic and Developmental Imperatives in Handicrafts” organized by IIM, Shillong
49. Shri Sadananda Gowda launches Schemes and announces guidelines paving way for setting up of Bulk Drugs Parks & Medical Devices Parks in the country
50. Ministry of Earth Sciences (MoES) celebrates its Foundation Day
We would love to hear your thoughts, concerns or problems with anything so we can improve our website educratsweb.com ! visit https://forms.gle/jDz4fFqXuvSfQmUC9 and submit your valuable feedback.
Save this page as PDF | Recommend to your Friends

http://educratsweb(dot)com http://educratsweb.com/content.php?id=2965 http://educratsweb.com educratsweb.com educratsweb