New Delhi: The Railway Ministry has identified several asset classes and is working on several models to achieve the target increase of the RS 17,810 Crore under the National Asset Monetization Pipe (NMP).
On two days recently reviewed by the Cabinet Secretary of Rajiv Gauba, the train ministry informed that the request for proposals for 12 stations was completed and 5 were in the final stage.
The proposal for three stations has been sent to the Public Private Partnership Approval Committee (PPPAC).
The proposal for the remaining station is in various stages of development.
It also informed that transaction advisors for three decent hill train projects would be appointed at the end of September and the feasibility study was completed to bundle the three projects.
The Chairperson and CEO of the Railroad Council also told the Secretary’s core group that the feasibility study for the three Stadians had been completed and the process of appointing a transaction advisor was being worked on.
He also said that the bidding process tends to be wrapped in a 2022 fiscal year.
The work is also ongoing because it monetizes the remaining stadia under the train and is likely to be completed at the end of November.
The ministry also expects to provide seven train colonies for rebuilding in December this year and has also given these three entities.
It also reworked the Model Concession Agreement (MCA) to run private passenger trains after a bad response to the offer earlier this year.
The train receives a cold response from the private sector on the offer to operate a letter and express trains and only receive two offers, including from the public sector unit on the train to run two of the 12 planned hubs.
The ministry also said that it would identify 265 warehouse locations both at the end of September to monetize through the “appropriate structure.” It was said that he had also appointed a consultant to complete the transaction structure for monetizing tracks and overhead equipment.
This center has launched the plan to monetize the Crore Asset RS 6 Lakh for the next four years.
Assets that have been identified include roads, power transmission and power plants, gas pipelines, warehousing, trains, telecommunications, 25 airports, 31 projects in 9 main ports, coal mining and minerals, sports stadia, rebuilding colonies.
Only Brownfield assets will be considered and the land has been abandoned.
The top 5 sectors include: road (27%) followed by train (25%), power (15%), oil & gas pipes (8%) and telecommunications (6%).
Roads and trains together accounted for 52% of the total NMP value, according to government data.
Train completes 12 stations for monetization of assets
