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Monday, December 23, 2024 | 09:52 PM ISTEN Hindi

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Adani, GMR among firms keen on revamping Nellore, Tirupati railway stations

Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model

Railways
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Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model

BS Reporter Hyderabad
A number of prominent companies including GMR, Adani group, Oberoi, Ambience, Godrej Properties, Reliance Infra, Sobha, Brigade, Embassy group among others took part in pre-bid meetings for the redevelopment of railway stations in Tirupati and Nellore. The estimated cost of the redevelopment is about Rs 640 crore for both railway stations combined.

Rail Land Development Authority (RLDA) conducted online pre-bid meetings for the redevelopment of these stations to make Tirupati and Nellore multi-modal transit hubs with state-of-the-art amenities such as ramps and elevators. The contracts are scheduled to be awarded by June 2020. RLDA is the nodal agency for redevelopment of

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