151 Trains Proposed Run By Private Operators In Future
The Ministry of Railways will Run 151 trains by private operators in future. 151 trains will be run by private operators, over and above the already existing trains. These trains are to run on routes where demand for trains already exceeds existing capacity. The drivers and guards of the trains will be railway officers. The safety clearance of the trains will be done by the Railways itself. 109 OD is formed in 12 groups in the Indian railway network. In which every train will be minimum of 16 coaches. The project will generate a private sector investment of around Rs 30,000 crore. It is the first private investment initiative to run passenger trains on the Indian railway network. The majority of trains to be built in India (Make in India). The private body will be responsible for financing, purchasing, operating and maintaining the trains. The trains will be designed for a maximum speed of 160 kmph. There will be a substantial reduction in travel time. The time run by a train will be compared to or greater than the fastest train of the Indian Railways running in the concerned route. The initiative aims to promote modern technology rolling stock, less maintenance, shorter transit time, job creation. Enhancing security, providing world class travel experience to passengers and reducing the supply shortage of demand in the passenger transport sector. Private body to Indian Railways through fixed freight charges, energy charges as per actual consumption and transparent revenue process Will pay the stipulated gross revenue share. The operation of trains by the private entity will be in line with key performance indicators like punctuality, reliability, maintenance of vehicles etc. Promoting the creation of, enhancing security, providing world class travel experience to the passengers and reducing the supply shortage of demand in the passenger transport sector. Consumption wise energy tariffs and transparent revenue will pay the share in the gross revenue determined through the process. Indian Railways has a network of about 68,000 kilometers route In the year 2018-19, the reserved passenger volume was 16% (0.59 billion) of the total original volume of non-suburban passengers (3.65 billion). About 8.85 crore awaited passengers could not be accommodated. The Ministry of Railways felt the need to introduce private participation in passenger train operations, implementing next generation technology and provision of high service quality, ensuring use of better coach technology and will allow travel time to be reduced. In this direction, the RFQ has already been invited to allow private entities to operate passenger trains. These train services will be operated on the Indian railway network, where both passenger and freight trains are currently operated on common tracks is being run. The major trunk routes are saturated and operated with full capacity. there will be availability of additional routes to operate additional passenger services and therefore it will be possible to run additional services using modern trains as proposed in the current initiative. Private entities will be selected through a two stage competitive bidding process that includes Qualification for Request (RFQ) and Offer for Request (RFP). The RFQ process will be for prequalification and the shortlisting of bidders will be based on their financial ability, who will have to offer shares in gross revenue at the RFP stage bid parameters to start the project.