Rail Connect Event

Vijay Agrawal, Managing Director - Investment Banking, Equirus participated in the Rail Connect Event organised by Confederation of Indian Industry. He participated in a panel discussion on Financing, Investment Opportunities, and Policy Reforms for a Sustainable Rail Ecosystem alongside ADITYA TANEJA from India Infrastructure Finance Company Limited (IIFCL), Nand Kishore Mittal, CPIM from Siemens Limited and Dibirath Sen (Moderator) from HSBC.

During the discussion, Vijay highlighted that Government of India can plan for an IPO of Indian Railways, which can fetch a valuation of around INR 40 Lacs crore. Post IPO, the government can raise funds from capital markets to finance capital expenditures.

He also mentioned that Indian Railways can plan for Public-Private Partnerships (PPP) in railway track systems and coaches, in line with NHAI. Different concessions can be planned which can give revenue visibility to investors. Additionally, Railways can plan to install solar plants across railway lines under the PPP model, which would help reduce electricity costs.