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COPYRIGHT 2006 Asia Pulse Pty Ltd
Private cargo transport companies seek lease financing system
New Delhi, May 31 (PTI) Anticipating a huge capital expenditure in operating rail container services, private players who have been authorised to move cargo by rail have sought a "lease financing" system for the same.
"Since financial requirement is so huge, Lease Financing should be preferred," said Mohanjit Singh, Vice-President of the Infrastructure Equipment and Project Finance Company.
The lease, if accepted would...
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