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Railways to attract Rs 50 bn pvt capital for port linking project

Railways to attract Rs 50 bn pvt capital for port linking project
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In the next five years, Indian Railways plans to improve rail connectivity to ports across the country by attracting private investment of around Rs 5,000 crore.

The plan is expected to address bottlenecks in rail linkage to key ports in the country. In this regard, the railway authority has prepared an ambitious plan to attract private investments for rail link projects.

The railway authority is in the process of holding talks with rail investors and customers, including big industrial houses on the plan.

It may be recalled that the railways has already worked out a Rs 3,800 crore plan for six ports, like Dhamra, Hazira and others for connectivity with private-public-partnership.

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