Published On: Thu, Jun 21st, 2018

Financial leasing of the existing OHE assets of the Indian Railways

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Financial leasing of the existing OHE assets of the Indian Railways. You may kindly recall that, the issue of financial leasing of the existing OHE assets of the Indian Railways has been referred by your goodself….

 

No.AIRF/24(C)(165)                                                                            Dated: June 19, 2018

Hon’ble Minister for Railways,
Ministry of Railways,
Rail Bhawan,
New Delhi

Respected Sir,

Sub: Financial leasing of the existing OHE assets of the Indian Railways

You may kindly recall that, the issue of financial leasing of the existing OHE assets of the Indian Railways has been referred by your goodself.

Giving deep thought on the financial leasing of the OHE/assets it was analyzed that, it will be detrimental to the interest of the Indian Railways and Railways will not be benefitted from any point of view. In the longer run, the lease may create problem in operation and maintenance. There are also apprehensions that, experiments can be replicated elsewhere and Railways will be privatized in another way, which AIRF will never agree.

AIRF, therefore, urges upon your goodself not to resort to financial leasing of the existing OHE assets of the Indian Railways and the system be allowed to continue as hitherto.

Your goodself may also like to have mutual dialogue with the federation for better appreciation of the issue.

 

 

 

Copy to: Chairman, Railway Board, New Delhi – for necessary action.
Copy to: Financial Commissioner, Railway Board, New Delhi – for necessary action.
Copy to: Member Traction, Railway Board, New Delhi – for necessary action.
Copy to: GSs, all affiliated zonal unions – for information.

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