Indian Railways is looking to use the public-private partnership (PPP) model to upgrade 16 railway stations in the country including Nizamuddin, Old Delhi, Anand Vihar, and Vijaywada. The decision has been taken following the plan to revamp the New Delhi and CST stations under the engineering, procurement and construction (EPC) model, a report by Times of India (TOI) said.
"We are exploring the options for PPP wherever it’s viable and cost-effective. The details of the tender documents are being worked out and different monetisation models are under consideration to attract private investment," an official told TOI.
Among the other stations