Railways’ EGoS to permit pvt operators to run 150 trains

Railways’ EGoS to permit pvt operators to run 150 trains

Agency News

New Delhi, Oct 10: Ministry of Railways has decided to constitute an Empowered Group of Secretaries(EGoS) for development of 50 Railway stations to world class standards and permit private passenger train operators to run 150 trains with world class technology over Indian Railways network.

The move of the Railways comes close on the heels of NITI Aayog CEO Amitabh Kant seeking formation of an ‘empowered group of secretaries’ to push forward the Rs 1 lakh crore project of Railways. The Empowered Group will consist of Chief Executive Officer, NITI Aayog--Chairman; and there will be four Members, including Chairman of Railway Board; Secretary, Department of Economic Affairs; Secretary, Ministry of Housing and Urban Affairs and Financial Commissioner(Railways), an order from the Railway Ministry said here on Thursday.

The terms of reference of the EGoS will be approval of the bidding process along with Bid documents including RFQ/RFP and concession agreements. The committee will also monitor the bidding process and take decisions to ensure the awards of projects in a time bound manner. (UNI)