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WAGON LEASING SCHEME (WLS)

Freight Marketing Circular No. 08 of 2008 · 2008-04-15
Circularfreight

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Circular numberFreight Marketing Circular No. 08 of 2008
Date2008-04-15
TypeCorrigendum
Topicfreight
DirectorateTraffic Commercial (Freight Marketing)
Official PDFindianrailways.gov.in

Summary

WAGON LEASING SCHEME (WLS) Leased Wagons: Wagons given on lease by a Lessor to a Lessee.

Text of the circular

FREIGHT MARKETING MASTER CIRCULAR/WLS/2014/0

भारत सरकार GOVERNMENT OF INDIA
रेल मंत्रालय MINISTRY OF RAILWAYS
( रेलवे बोर्ड RADLWAY BOARD )

No. 2014/TC (FM)/ 4/24(WLS) New Delhi, Dated: 16.12.2014

General Managers
All Indian Railways.

Sub: WAGON LEASING SCHEME (WLS)

Ref : Board’s letter / Circulars Listed below

Freight Marketing Circular No. 08 of 2008 dt. 15.04.2008

Amendment No.1 to WLS vide FM Circular No. 2 of 2011 dt. 17.02.2011
Corrigendum to Amend. 1 to WLS vide FM Circular No. 3 of 2011 dt. 18.02.2011
Addendum-1I to WLS vide FM Circular No. 8 of 2014 dt. 29.04.2014

ak ok के ak भें ok जे

BY N >

The guidelines regarding Wagon Leasing Scheme (WLS) are prescribed in above
mentioned Board’s Circulars. It has been decided to 1550८ Freight Marketing Master Circular for
WLS duly consolidating all extant guidelines on the subject.

Accordingly, consolidated guidelines regarding WLS are enclosed herewith. It
incorporates all the circulars (original circular, amendments and corrigendums to date) of Board
on the subject referred to above. While all the care has been taken पा preparation of this circular,
if any discrepancy is noticed, Zonal Railways are requested to bring it to the notice of the Board
immediately for taking corrective action.

This issues with the concurrence of Finance Directorate of ee: of Railways.

Dy. Director Freight Marketing

No. 2014/TC (FM) 4/24CWLS) New Delhi, Dated: 16.12.2014

Copy forwarded to:
lL. DAI (Railways) with 36 spares.

2. FA & CAOs, All Indian Railways. sw

for Financial Commissioner/Ratlways

FREIGHT MARKETING MASTER CIRCULAR/WLS/2014/0

No. 2014/TC (FM) 4/24(WLS) | New Delhi, Dated: 16.12.2014

Copy forwarded for information and necessary action to:

PWN

NN

8.

Chief Commercial Managers, All Indian Railways.

Chief Operations Managers, All Indian Railways.

Chief Mechanical Engineers, All Indian Railways.

Managing Director, Konkan Railway Corporation, Belapur Bhavan, Plot No. 6, Sector
11, CBD Belapur, Navi Mumbai-4000 14.

Director General, RDSO, Manak Nagar, Lucknow.

Director General, Railway Staff College, Vadodara..

Director, Indian Railways Institute of Transport Management (IRITM), Manak Nagar,

Lucknow.
Managing Director, DFCCIL, Palika Bhavan, R.K. Puram, New Delhi.

Copy for information to:

1,

CRB, FC, MT, ME, MM

2. AM (T), AM( C), Adv. (F), Adv.(Infra), Adv. (Vig.), EDTT(M), EDTT(F), EDTT(S),

ED(Pleg.), EDT(PPP), EDTC(R), EDFM, EDF(C), EDV(T), DTT(Coord.), OSD/CRB
Railway Board.

Dy. Director Freight Marketing

FREIGHT MARKETING MASTER CIRCULAHWW1Ls/2ULay CIRCULAR/WLS/2014/0

TYPES OF WAGONS i

LEASING OF WAGONS 2

eg एक एएल्‍ए।”' एन ककककशकलागाचा बियर

—

ELIGIBILITY CRITERIA

REGISTRATION OF WLC

PROCUREMENT OF WAGONS BY WLC

LEASING CONTRACTS

i

—— $$$ SS लए एल

SUB-LEASING BY THE LESSEE

10.0 LIABILITIES व

11,0 है MAINTENANCE 0 | WAGONS So
12.0 ‘LIEN i
13.0 DISPUTE RESOLUTION

KKEKEKK

1.0

2.0

2.1
2.2
2.3

2.4

2.6

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2.8
2.9

3.0

FREIGHT MARKETING MASTER CIRCULAR/WLS/2014/0

WAGON LEASING SCHEME

OBJECTIVE

The objective of this scheme is to develop a strong wagon leasing market by encouraging
third party leasing of wagons, particularly with a view to bring in wagons of better
designs. This document lays down the policy for leasing of wagons and their operation
on the rail network of Indian Railways. ,

DEFINITIONS AND ABBREVIATIONS

Definitions and abbreviations of some of the terms used in this document are as under:-
IR: Railway Administration.

MOR: Ministry of Railways, Government of India.

End User: Rail customers who are producers or consumers of the goods transported by

-yail.

Operators: Third Party Logistics Companies engaged in providing service to multiple
customers under Concession granted by IR to run their container trains on IR network.
Wagon Leasing Company (WLC): A Leasing Company engaged in the business of
procuring railway wagons and making them available to other business entities
authorized to deploy such wagons for operati

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