A showcase project runs into trouble as government seeks to monetise rail assets

PRCL is a special purpose vehicle (SPV) formed to build, operate and maintain a 271 km long, Rs 373 crore broad gauge railway line between Surendranagar...

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8791 views

Sep 16 2021 (08:03)

A2Z~

A2Z~ 17505 blog posts

Re# 5066876-1

@5066876-0 @RailWatch~

* If IR starts arm-twisting its PPP partners, as is the case with PRCL, the later has nowhere to go and is forced to bear the financial losses
* An independent regulator with adequate power is essential for the success of PPP in Indian Railways.

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7868 views

Sep 16 2021 (08:04)

A2Z~

A2Z~ 17505 blog posts

Re# 5066876-2

@5066876-1 @A2Z~

Extremely poor response of private sector to the tender for running 150 private trains is not surprising.

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