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Indian Railways may revert to PPP mode to fund 2locomotive factories.India
http://steelguru.com/news/index/2009/05/27/OTU5NDc%3D/Indian...
Submitted by
anxora
5 months, 1 week, 6 days, 6 hours agoProjects Today reported that the Indian Railways have decided to revert to its original plan of setting up 2 locomotive factories in Bihar on PPP basis as the projects are expected to require over INR 3,000 crore investment and the railways don’t have that kind of funds.
According to sources, if the projects are done on PPP basis, Indian Railways will have to invest only INR 200 crore.
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