|RAIL PROJECTS THROUGH PUBLIC PRIVATE PARTNERSHIP|
Tuesday, January 29, 2013
RAIL PROJECTS THROUGH PUBLIC PRIVATE PARTNERSHIP
Based on the approval of Cabinet Committee on Infrastructure, Government of India, Ministry of Railways has come out with a policy on participative models for rail connectivity and capacity augmentation projects through public/private partnership route.
To give publicity to this policy, an interactive session with officials of Government of Odisha, major rail users and potential investors was held in East Coast Railway Headquarters on 22.01.2013 chaired by Sri G.D. Brahma, Chief Operations Manager, East Coast Railway.
Keeping in view the huge potential of originating traffic on Indian Railways in general and East Coast Railway in particular, this interactive session was to familiarize prospective investors to invest in rail infrastructure to facilitate accelerated construction of fixed rail hardware so that suitable rail infrastructure is put in place in time for carriage of their traffic.A presentation on the five generic models namely, Non-Government Railway Model; JV Model for operationally necessary/bankable sanctioned/to be sanctioned Railway projects; Railway projects on BOT award through competitive bidding; Capacity augmentation Doubling/3rd Line/4th Line etc. with funding provided by customers; Capacity Augmentation Doubling/3rdLine/4th Line etc. – Annuity Model; enunciating on the policy was made by Sri G.C. Ray, Chief Transport Planning Manager, East Coast Railway bringing out their salient features and the advantages that will entail to the investors including revenue sharing arrangements.
This meeting was attended by all major customers of railways namely, TISCO, MCL, NTPC, NALCO, Dhamra Port, Paradeep Port, Vizag Port, Gangavaram Port, NMDC, MMTC, RINL, LANCO, GMR, MESCO, Vedanta, Jindal, VISA, IOC etc. and also was represented by IDCO and Transport and Commerce Department of Government of Odisha.This participative meeting elicited encouraging response from prospective stakeholders.