Indian Railways has floated an Expression of Interest (EOI) for designing, building, commissioning, operation, running and maintenance of levitation (Maglev) based train system on Public Private Partnership (PPP) basis.

The Railway route for this project has not been defined at such an early stage of the project since the initial thrust is on developing and implementing a cost effective solution of such a technology.

While floating the EOI, it is envisaged that the execution and funding pattern of this project will be on PPP basis.