IRCTC and Bharat Heavy Electricals (BHEL) are in talks for a partnership to run private trains
The public sector undertakings plan to form a special purpose vehicle (SPV) for the same
The SPV would be used to run passenger trains on routes that IRCTC has put in bids
BHEL will invest the money required for private rail service while IRCTC will focus on operational requirements
The bids for public-private partnerships in passenger train operations were opened last month