Indian Railways might soon opt for the build-operate-transfer (BOT) model for constructing dedicated freight corridors (DFCs) by getting private players on board, according to a Moneycontrol report.
This will be a first for Indian Railways after the road construction sector went the BOT way. Under the model, a private entity is responsible for designing, building, financing, maintaining, and transferring a project back to the government or to another private entity.
The BOT model will be first implemented on a small stretch of Eastern Dedicated Freight Corridor (EDFC) between Sonnagar in Bihar and West Bengal’s Dankuni. The under-construction EDFC will run