Speed Post News Network
New Delhi : After detailed exercise and multiple rounds of discussion with the industry players, the bids for PPP in Passenger Train Operations project were opened on July 23, 2021. This is an entirely new attempt to bring world class trains through Public Private Participation (PPP) in India.
Ministry of Railways has received bids from both private and public sectors to operate 29 pairs of trains with around 40 modern rakes entailing an investment of around Rs 7,200 crore. It will expeditiously complete the evaluation and decide the bids, according to a PIB release.