Private trains to share gross revenue with Railways including earnings from favorite trains, goods, advertisements

Private trains to share gross revenue with Railways including earnings from favorite trains, goods, advertisements

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NEW DELHI: Like airlines, passengers Private trains – Once launched – may have to be paid for Favorite seats, Goods and onboard services, earnings from which will be a share of the gross revenue to be shared with the railways, according to a document by the national transporter.
Railway has recently invited Request for Qualification (RFQ) Private organizations To operate passenger trains on its network.
Officials said that the decision to charge passengers for these services will remain with private parties.
In the document, it stated that bidders based on their financial capacity would be required to offer a share in gross revenue upon request for the proposal for the project (RFP) phase.
While the railways have given the freedom to private players to decide the fare to be charged from the passengers, but according to the RFQ, they will also have the freedom to find new avenues to generate revenue.
The definition of gross revenue, which is under consideration, is given below. Under the concession agreement, the amount received by the passengers or any third party to the concessioner (private institution) from the provision of the following services to the passengers due to the running of the trains: the amount printed on the ticket-fare; Amount from preferred seat option, baggage / baggage, cargo / parcel (if not included in ticket fare), ”stated RFQ.

“The amount of board services such as – catering, bed roll, material on demand, Wi-Fi (if not included in the ticket fare). The document states that any rights given to the concessionaire as per the advertisement, branding and naming rights Rashi too, ”the document states.
Railway board At a press conference, the chairman feared that the prices of tickets for private trains would be too expensive and said that they would be market driven and based on competitive pricing.
In the first of its kind initiative, Indian Rail Has invited proposals from private companies to run 151 modern passenger trains on 109 pairs of routes across the country in a project that would attract private sector investment of around Rs 30,000 crore.
The private institution shall be free to purchase trains and locomotives from the source of its choice, provided such trains and locomotives conform to the specification and standards specified in the concession agreement.
However, the concession agreement will include provisions related to compulsory sourcing through domestic production in India.
Railways have also stated that the time taken by a private train from the originating station to the destination station will be equal to the fastest train in the railway running between the same stations.
The RFQ said, “Railways will provide non-discriminatory access to trains operated by private entities. No new trains will be scheduled between the same stations within 60 minutes of the scheduled departure of the private train.”
Each train shall have a minimum of 16 coaches (equivalent to a length of 384 meters, from buffer to buffer) and no more than the longest passenger train running on the respective route.
Passenger trains operated by private entities will be designed to operate at a maximum speed of 160 kilometers per hour.

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