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Visakha, Vijayawada and Secunderabad railway stations privatised under PPA

 

 

 

 

 

 

 

 

 

HYDERABAD, JUNE 11:  Key Railway stations in Telugu stations were privatised.  According to the reliable sources Vijayawada and Visakhapatnam in Andhra Pradesh and Secunderabad in Telangana state were privatized under public-private partnership (PPP) mode by the railways ministry. Tender were already finalised for the said three stations in May month itself. Bids were called for Secunderabad for Rs 282 crore (estimated investment for development) and Visakhapatnam (Rs 200 crores). The Railway ministry estimated the investment for  Vijayawada station privatization as Rs 84 crores.  Bids for all three stations were opened on 24th May. It is yet to known who win the bids. Railway ministry had invited bids for 23 railway stations in the country that have now been taken up for privatization of services

The railway ministry had invited bids for  appointment of station facilitation managers (SFMs), who would be contractors for development, redevelopment and commercial development of the selected 23 stations in first phase.

Only railway occupational activities like train operations, parcel and ticket booking (including platform ticketing) passengers and goods movement, overhead traction, signals and telecommunication, track work and others would remain with the railways, Railway ministry noted in Bid document. All other services would go to the SFMs i.e., private companies.

 

 Under the PPP mode, mainly the passengers’ amenities and commercial development of the railway stations would be done, while the operational activities like train operations, parcels and ticketing including platform ticketing, passengers and goods movement, overhead traction, signals and telecommunication, track work and others would remain with the railways. Other services would go to the SFMs.

All the existing staff engaged in the other activities on the stations would have to be transferred out and SFM will appoint staff would take over, the documents say.

SFMs have to pay lease premium to the railways and lease period will be 45 years. Private companies can use even air space and SFMs allowed to collect license fee from commercial users.

Among the other 23 stations taken up for privatization of services include Bangalore cantonment, Yashwanthapura (Bangalore) Allahabad, Lokmanya Tilak Terminus, Mumbai Central and Bandra Terminus in Mumbai, Howrah junction in Kolkata, Chennai Central, Pune and Kanpur Central stations.

Posted on June 12, 2017   RELATED POSTS  POST A COMMENT  EMAIL STORY









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