Business Standard

Saturday, January 04, 2025 | 02:28 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Modernizing Railway Stations Through PPP Mode

Image

Delhi
Modernizing Railway Stations Through PPP Mode

Indian Railways has advertised its plan to redevelop A-1 and A category stations on as is where is basis, by inviting proposals from developers with their designs and business ideas. The entire cost of station redevelopment is to be met by leveraging commercial development of land and air space in and around the stations. The list of A-1 & A category stations is appended.

Further, eight stations viz., Anand Vihar, Bijwasan, Chandigarh, Gandhinagar, Habibganj (Bhopal), Shivaji Nagar (Pune), SAS Nagar (Mohali) and Surat have been entrusted to Indian Railway Stations Development Corporation Ltd. (IRSDC) for redevelopment under PPP mode. Bids for redevelopment of Habibganj station have been finalized and development agreement signed. Request for Qualification (RFQ) for Anand Vihar station has been finalized and RFQ for Bijwasan station has been opened.

Station redevelopment projects are complex in nature and require detailed techno-economic feasibility studies and statutory clearances from local bodies. Therefore, no time frame can be indicated at this stage.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 05 2016 | 2:29 PM IST

Explore News