Bengaluru Suburban Rail Project: Niti Aayog approached for fundsThe Bengaluru Suburban Rail Project (BSRP) is facing delays in procuring 306 AC coaches due to unsuccessful tenders. To address this, the project's implementing agency, K-RIDE, has requested Niti Aayog to allow an equity funding model. This model would involve an equal contribution from the Central and state governments for the...
more... Rs 3,672 crore cost of the coaches. The decision to abandon the Public-Private Partnership model came after multiple failed attempts to procure coaches through tenders. The initial tendering process involved three qualified bidders: Bharat Earth Movers Ltd, Bharat Heavy Electricals Ltd, and CAF (Spain). However, despite extensions, none of them submitted a final bid. This lack of enthusiasm from manufacturers is attributed to the long payback period of 30 years and the reluctance of banks to provide loans without guarantees from the state and central governments.
Bengaluru Suburban Rail Project (BSRP) mein 306 AC coaches ke liye tender aaye hain, par koi bhi successful bidder nahin mila. Isko solve karne ke liye, K-RIDE ne Niti Aayog se request ki hai ki equity funding model use kiya jaaye. Is model mein, Rs 3,672 crore ke coaches ki cost...
more... ko Central aur state governments aapse share karenge. Public-Private Partnership model ko chhodne ka decision, coaches ke tendering mein bar bar failure ke baad liya gaya hai. Pehle tendering process mein, Bharat Earth Movers Ltd, Bharat Heavy Electricals Ltd, aur CAF (Spain) ne qualify kiya tha. Par, extensions ke baad bhi, unme se kisi ne bhi final bid submit nahin kiya. Manufacturers ke interest kam hone ki wajah, 30 saal ki lambi payback period aur banks ka state aur central governments ki guarantee ke bina loan dene se inkar karna hai.
