OREANDA-NEWS. December 14, 2012. The Ministry of Railways has formed Joint Ventures with State Governments, major ports and other stakeholders in a number of gauge conversion, new line and other projects.

 The Ministry of Railways directly or through its Public Sector Undertaking (PSUs)/other organisations has equity participation in the following Joint Ventures:-

(i) Pipavav Railway Cooperation Limited (PRCL), (ii) Hassan Mangalore Rail Development Company Ltd. (HMRDC), Kutch Railway Company, (iii) Bharuch Dahej Rail Company Limited (BDRCL), ((iv) Angul-Sukinda Railway Ltd. (v) Haridaspur-Paradip Railway Company Ltd. (vi) Indian Railway Stations Development Corporation Ltd. (IRSDC), (vii) Kolkata Metro Rail Corporation Ltd. (KMRCL) and (viii) Bhartiya Rail Bijlee Company Ltd. (BRBCL).