| Railways to invite bids for Marhaura and Madhepura plants by railenquiry on 11 December, 2012 - 03:00 PM | ||
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railenquiry | Railways to invite bids for Marhaura and Madhepura plants on 11 December, 2012 - 03:00 PM | |
PATNA: The Railways has decided to invite the global bid for setting up two locomotive factories at Marhaura in Saran district and Madhepura in Bihar by December 15. It was decided at a high-level meeting held recently under the chairmanship of Prime Minister Manmohan Singh. These two factories would manufacture diesel and electric locomotives, respectively.According to an ECR official, both these projects will be taken up on public private partnership (PPP) mode.This will be the 11th bid invited by railways for these two factories in Bihar.Earlier, railways could not strike a deal with foreign companies for setting up these two locomotive factories on PPP mode, he said.A board official said railways has already finalized the factories' design.There is likely to be major changes in price variation, delivery schedule, maintenance payment, transfer of technology for maintenance and termination clauses in the new documents being drafted by railways, he said.A board member said efforts would be made to award the contracts before the budget for 2013-2014.Officials associated with these projects in Bihar have been asked to get ready to kick off these two projects, he said.According to sources, railways has set up a high-level committee to shortlist fresh bidders for these two ambitious projects. Modalities and other conditions would be decided by the new committee. | ||