Tata, Adani, Siemens, Hyundai Wants To Run Private Trains
In the Budget 2020, Nirmala Sitharaman, Union Finance Minister had announced to run more private trains like Tejas Express mainly for tourism purposes. Tata, Adani, Alstom Transport, Bombardier, Siemens, and Hyundai have shown interest in running private trains. Indian railways have recently proposed a mega plan to include private players and run private trains on 100 routes across the country.
Now Tata, Adani, Siemens, and Hyundai Trains will run on 100 routes of Indian Railways.
The Indian government wants to run 150 private trains on various routes across the country. Many domestic companies including Hitachi India, Tata Realty and Infrastructure, Adani Ports and Adani Ports and SEZ, Essel Group, Tourism Corporation (IRCTC), Indian Railway Catering and foreign private companies like Siemens AG, Hyundai Rotem Company, Alstom Transport, Bombardier, Macquarie have shown interest in running private trains on this proposal of the Indian railway.
These private companies will run trains
Domestic companies like Tata Realty and Infrastructure, Adani Port, Essel Group and global private companies like Hyundai, Siemens, Alstom Transport, Macquarie have shown interest in running private trains. Actually, Nirmala Sitharaman, Finance Minister had announced to run more private trains by private players like Tejas Express to add tourist destinations.
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Private trains will run on these routes
Indian Railways has prepared a list of 100 routes and divided into 10–12 clusters. Private trains will run at an interval of 15 minutes. Chennai to New Delhi, Mumbai to New Delhi, Shalimar to Pune, New Delhi to Howrah, New Delhi to Patna are some of the routes from where private trains will operate.
- Each private train will have a minimum of 16 coaches.
- The maximum speed of these private trains will be 160 kmph.
- The private institutions will be responsible for the operation, financing, and maintenance of the trains.
Budget 2020 allocated ₹2,250 crore for gauge conversion, ₹12,000 crore for construction of new railway lines, ₹5,786.97 crore for rolling stock, ₹700 crore for doubling, and ₹1,650 crore for signaling to focused on developing new infrastructure.