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    No.96.TT (I) .10.ACC - NR.36 Dt. 23.10.97

    Uploaded by

    Preeti goswami
    1. The Railway Board has decided to allow private investment in the development of goods sheds and sidings on railway premises as a market strategy to retain and enhance railway business. 2. Private parties can invest in developing goods sheds and sidings subject to conditions like Railways reserving the right to close unprofitable facilities with 90 days notice. 3. Assets created will belong to Indian Railways but investors will not get any returns, concessions, or preferential treatment for their use of the assets.

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    © All Rights Reserved
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    No.96.TT (I) .10.ACC - NR.36 Dt. 23.10.97

    Uploaded by

    Preeti goswami
    78 views3 pages
    1. The Railway Board has decided to allow private investment in the development of goods sheds and sidings on railway premises as a market strategy to retain and enhance railway business. 2. Private parties can invest in developing goods sheds and sidings subject to conditions like Railways reserving the right to close unprofitable facilities with 90 days notice. 3. Assets created will belong to Indian Railways but investors will not get any returns, concessions, or preferential treatment for their use of the assets.

    Original Title

    No.96.TT(I).10.ACC.NR.36 dt. 23.10.97

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    © © All Rights Reserved

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    1. The Railway Board has decided to allow private investment in the development of goods sheds and sidings on railway premises as a market strategy to retain and enhance railway business. 2. Private parties can invest in developing goods sheds and sidings subject to conditions like Railways reserving the right to close unprofitable facilities with 90 days notice. 3. Assets created will belong to Indian Railways but investors will not get any returns, concessions, or preferential treatment for their use of the assets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    78 views3 pages

    No.96.TT (I) .10.ACC - NR.36 Dt. 23.10.97

    Uploaded by

    Preeti goswami
    1. The Railway Board has decided to allow private investment in the development of goods sheds and sidings on railway premises as a market strategy to retain and enhance railway business. 2. Private parties can invest in developing goods sheds and sidings subject to conditions like Railways reserving the right to close unprofitable facilities with 90 days notice. 3. Assets created will belong to Indian Railways but investors will not get any returns, concessions, or preferential treatment for their use of the assets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    .

    /
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    GOVBRJ.ITF81'T
    H1NIdl'RY
    T OBI I ED1A
    OF R4.1IkJAY8
    /
    cc) -

    (RAIL'JJAY BOARD)

    Eo 096/TT(1 )/1 O/ACC/lffi/35 NeH ])elhi7 dt.. 23 -10097

    1. iheGMs (VIorl<J3),

    I 2. IDt=;)G~fS (CcDITjercia 1),

    All 1hclian r,zihl~..iYS"

    3. J:he G2DjEas t (!o~s t Railway ~ BhQbaneshw~r ~

    .1r. The OSDjForth (!en tra 1. Rsi Iltlay ~ AllahabdcL


    5. Tne 08LjEast Central Rail-HE.Y~ Hajipl1.r.
    6. The OSD/!-Torth i1'1/estern. Rai IHay 9 Jaip':u".
    7.. The CSD/SoQth Hester;.!- Bsilv:c'Y9 B21Lgalora.
    8" ',llie CBD/vJest Central R2ilv:&y~ Jabalplll'.

    SL1.b~ Policy regarding (ievelpp:;nent uf'


    goods sheds/sidings by private
    inv8st!!l8:1t. in raihmy p!'emises.'
    . " .... .

    - As a Barket strategy ai~ed at retaining alide~h8ncing


    R2:ilway's bLminess i~terest9 Board h379 decided that railusers
    may l)e allowed to ill-vest in the deve lopm::.n:.t of goods ahed./sia.ing
    facilities sl1bject to tr~e follovling c:)::.:.(litioL2~-

    (1 ) Bf:i:l""Jay wi 11 a IlvVl investment


    by private parties in
    development of goods shed/sidings. B2ih~y wOl1ld9 '

    hOltTever,reserve the right to close the goods shed/


    siding if the same be,comesfinanci8l1y or operationally
    ansQStainable at som~ stage by giving a notice of 90 days.
    (2) Bail\ol~y It/ill allow investruent by private parties at
    statio2.1.sa"s pe;r R?il...vay's operE:tional convenience. On
    receipt of an applicati~n from the concerned party, the
    decision on the developEent of these facilities will be
    ;Jersona 11y taken&y the Genere.l IvJanager of the R&.il..."ay i:.l cons111tation
    wi th I'A&OAO. '

    (3 ) Before approval of any sQch proposal of invest~nt is


    conveyed~ the Railway rJ1e.y ensure thc."G the!'e is little
    or no like lihood of the area/land being reql1ired for
    any project/requirement of the Railways.

    Oontdo..2/-
    , . '

    .~
    :-:t- 2 -..
    (4) The fa,ciLt ties so crecd~ed \'lou.lcl be tlSed not only
    by the p2r'Giss It/ho have finEtXJ.ced them bu.t, E:Iso by
    others~ ond assets so created wou.ld belong to the
    Indian Railways and wou.ld be msintained and u.sed
    as any other Railway Etssets Hi th absolu.te 8 Llthori ty.
    ilie i:c.ve s to:::,(8) vlou.ld not be eligible for any retu.rn/
    con88ssicn in lieu. of such 'u.se of these assets by the
    Raih!8.ys or other railu.sers 1> The investor (s) I'Till .
    alsO not qt1dLi..fy for any preferential treatrn.ent in the-
    matter of u.tilisation of,these assets.

    (5) land IP.ay be licensel as per E;X'~[~ntrlJ.les for


    cons trLlc tion of temporary s torRge sheds to investir~
    parties su.'bject to the stiPL'!.12.'~ion that land wou.ld be
    licensed onl;y- Ivhen goods arE. to lJe transported by rail.*
    . .

    (6) The facili ty(goods shed/siding) and all i tsequ.ipnents.


    ~nd appu.rten2l1.CeS will become the property _of the Railway
    Administration a::''ld the inv8stor(s) will have no claim
    to these assets Investment
    0 in su.ch assets will not
    enti tIe' the investor (s) to &.ny rights \<ills.t-so-ever \'li th
    reg2rds to the Baih/ay l2.nd on which they are created.

    (7) 'All de~lelopEents for the proposed facility \vill be as


    per apProved.~.ilwGY d8sig~s~ an~ constrQ0ted to .~
    F.lpproved P.9.il-::ray stan1ards ar..d specifications. Esti-
    ~-ltea for ccnstrLlction and d8'.-elormcnt of t::e i'2cilities '-
    to these specific&tions will be prep2red7 B.nd Hi'll .;
    inclu.de
    Codal
    - 211 departmental
    provisions.
    and other
    The investorCs.)
    charges
    v/ill
    as per
    be
    requ.ired
    .

    to deposit the fu.ll cast of constrl1ction so calcu.lated


    with the Railw2J AdDinistration ~n advance before
    cOII1Iilencemen't of tLe work.

    (8) For main tei.12n.ce and opera tion of the;se assets > crea tion
    of additional staff .shall be nGed-based~

    (9) 1he proposed gODdsjshed/siding shou.ldnot in any way


    hamper or obstract the existing users of rail facilites
    :;;t the. concer:::ed station.

    (10) Freight charges 7 demurr2ge charges and placement/siding


    charges
    , will be leviable as per the extC\n t ru.les .
    0

    +his issu.es viith the conctITrenc8 of F'incmce Dte'Q


    of the fKnistry of ~ilwaysQ
    ./ :!- C f j /l /: (~- .~.
    .' C-'..-' . '.~.. .-' .'(,1 I.) c-: j"
    ('1.K. Bahm.eni) ~'-,-,-':' "
    Exec .Direc tor ~ (tivil Eng[. CG )
    Railway Board.
    ,

    *In the event of the land being u.tilisedfor any ptITpose


    other the,n. thE.t for Itlhich it was licen3ed~ the said license.
    maybe cancelled/revoked at the abso lu.tedj,scretion of the
    Railway Administration.

    ..I
    :- ) - ~
    ,...

    1%\\!"lJelhi~ cl:~. 2:]010.97


    OoS6/TT(I )/1 O/AC'C/}TR/')~

    Copy to ~ (1 ) A:DAI(D.lys)9 }:-. })e lhi (vIi th 11,.0spares ),.


    (2) Tne l;ireetor of A\J.ctit? AJ.l Ino.iEn :s.lyso
    .,'
    {3) TIl~ ]"pJi:Cit9~ tbl1 Indian Rlis 0

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    Copy to~ 1.A!e8(III)l~Y(~:~)I/FC~)I1, Vig. (I) ,'lith 5 Sp2.res.


    , 2 3IY'r(R )jBIi(H )/EDLl."l/B:D38fSD( Tr8e k )/11~EJJ0E (B&:J)(KO( 'Iraddo
    3 , Al\I(CB )1 AlvI(vr), 'Lr'I(3&T)/ Al:[(Comml )/B.1'i(S-c,or8S )/AHOI3)j
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    "Ii" 1v\ ,- <:! Rl B d


    -= t (RB --y~ "1\-' Vr
    4.. J:,jS 0 ',;, \ .l!.,., l'!iJ~ .1', 1'.:01 '-.o~o, ,...;'c;cYo - Y oar.
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