MINISTRY
OF RAILWAYS
UNSTARRED QUESTION NO. 580
JOINT
VENTURE IN RAILWAY PROJECTS
†
580. SHRI
SHRI RAM JETHMALANI:
Will
the Minister of RAILWAYS be pleased to state:
(a)
whether it is a fact that it has been decided to carry out the execution work
of many projects under Railways by joint ventures of public and private sector;
(b)
if so, whether the projects sector that are to be
executed under this system have been selected;
(c) if so, the
details thereof; and
(d)
the share of public sector and private sector fixed in
these joint ventures?
ANSWER
MINISTER
OF STATE IN THE MINISTRY OF RAILWAYS
( SHRI BHARATSINH SOLANKI )
(a): Yes, Sir. Areas identified for possible execution
through Joint venture with public and private sector include manufacturing of rolling
stock and components, port and other connectivity works and setting up of
dedicated power plants, etc.
(b)
& (c): Ministry of Railways has taken up the following four projects for
execution through Special Purpose Vehicles (SPV).
(1) Haridaspur-Paradip
new Railway line;
(2) Obullavaripalli-Krishnapatnam
new Railway line;
(3) Bharuch –Dahej gauge Conversion and
(4) Angul- Sukinda new Railway line.
Locomotive
factories at Madhepura and Marhowra and Coach manufacturing factory at
Kanchrapara have been identified for execution through Joint venture with
suppliers selected through competitive bidding for long-term procurement.
A joint venture has been formed with
NTPC for setting up of power plants at Navinagar and Adra.
(d):
The equity share of private sector and public sector in ongoing SPVs as on date is as under:
|
Ongoing
projects |
Public
sector |
Private
sector |
|
Haridaspur-Paradip New Railway Line |
60.91% |
39.09% |
|
Obulavaripalle-Krishnapatnam New Railway Line |
58% |
42% |
|
Bharuch-Dahej Gauge Conversion |
52.94% |
47.06% |
|
Angul-Sukinda New Railway Line |
45% Note: * |
45% |
The
equity share of Railways in the Joint Venture with NTPC as on date is 26%.
* Govt. of Orissa has been requested to pick up the gap of 10%.
********