Asia, India: Asia’s Oldest Railway Finally Seeks Private Money to Run Trains

By Rahul Satija and Anurag Kotoky, Bloomberg; July 1, 2020

Indian Railways, the world’s fourth-largest network, is seeking investments from private firms to operate passenger trains for the first time, an initiative that could potentially revamp a notoriously inefficient system.

The Ministry of Railways asked companies to submit their interest to run passenger trains over 109 origin-destination routes via 151 trains, according to a statement Wednesday. The project will entail an investment of about 300 billion rupees ($4 billion), the ministry said.

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