The Indian Railways has opted for private participation in several infrastructure projects.
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These include 22 warehousing projects across the Railway network.
The Railways, in partnership with the Central Warehousing Corporation (CWC), has already implemented a pilot project of rail side warehousing at Whitefield, Bangalore.
Joint venture companies for implementing the Hassan-Mangalore gauge conversion project, Hassan-Mangalore Rail Development Company (HMRDC) and Gandhidham-Palanpur Gauge Conversion Project (Kutch Railway Company) have been formed recently.
The Surendranagar-Pipavav gauge conversion has already been completed through the Pipavav Railway Corporation Ltd (PRCL).
The Rail Vikas Nigam Ltd (RVNL) has been formed under the Ministry of Railways as a special purpose vehicle (SPV) to explore the implementation of infrastructure projects of the National Rail Vikas Yojana (NRVY) through public-private partnership.
The NRVY was launched in 2003-04 with a corpus of Rs 15,000 crore to strengthen the Golden Quadrilateral, its diagonal, port connectivity and construction of four mega bridges at the Ganga, Kosi and the Brahmaputra.
Source : Exim News Service - New Delhi, Oct. 7
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These include 22 warehousing projects across the Railway network.
The Railways, in partnership with the Central Warehousing Corporation (CWC), has already implemented a pilot project of rail side warehousing at Whitefield, Bangalore.
Joint venture companies for implementing the Hassan-Mangalore gauge conversion project, Hassan-Mangalore Rail Development Company (HMRDC) and Gandhidham-Palanpur Gauge Conversion Project (Kutch Railway Company) have been formed recently.
The Surendranagar-Pipavav gauge conversion has already been completed through the Pipavav Railway Corporation Ltd (PRCL).
The Rail Vikas Nigam Ltd (RVNL) has been formed under the Ministry of Railways as a special purpose vehicle (SPV) to explore the implementation of infrastructure projects of the National Rail Vikas Yojana (NRVY) through public-private partnership.
The NRVY was launched in 2003-04 with a corpus of Rs 15,000 crore to strengthen the Golden Quadrilateral, its diagonal, port connectivity and construction of four mega bridges at the Ganga, Kosi and the Brahmaputra.
Source : Exim News Service - New Delhi, Oct. 7
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