These redeveloped stations will provide state-of-the-art amenities to passengers
Mumbai:
Companies such as Adani Railways, GMR Enterprises and Oberoi Realty are among nine bidders for the redevelopment of Mumbai s Chhatrapati Shivaji Maharaj Terminus, the Indian Railway Stations Development Corporation (IRSDC) said Tuesday.
The redevelopment of CSMT station is part of the Railways plans to transform stations into Railopolis a mini smart city with mixed-use development where one can live, work, play, and ride, thus attracting huge investment and business opportunities.
These redeveloped stations will provide state-of-the-art amenities to passengers and enhance their travel experience.
The other bidders for the iconic station are Godrej Properties Limited, Anchorage Infrastructure Investments Holdings Limited, ISQ Asia Infrastructure Investments Pte Ltd., Kalpataru Power Transmission Ltd., Moribus Holdings Pvt Ltd. and BIF IV Infrastructure Holding DIFC Pvt. Ltd.
The redevelopment of Mumbai s Chhatrapati Shivaji Maharaj Terminus is part of the Railways plans to transform stations into Railopolis - a mini smart city with mixed-use development where one can live, work, play, and ride, thus attracting huge investm
Updated Feb 10, 2021 | 19:37 IST
The facilities proposed for the station include congestion-free entry/exit to the station premises, segregation of arrival/departure of passengers, integration with other modes of transport and more New Delhi railway station to get world-class makeover at a cost of Rs 5,000 crore: Piyush Goyal | Photo Credit: IANS
New Delhi: Railway Minister Piyush Goyal on Wedenday informed that redevelopment of New Delhi railway station has been taken up on Public Private Partnership mode. The cost of the project, which will transform the station to world-class multi-modal hub, is estimated as Rs 5,000 crores. Nine major global and domestic companies including GMR Highways, Adani Railways and realtor Omaxe are in the race to bag the redevelopment project the station.
NEW DELHI: Nine major players, including GMR Highways, Adani Railways and realtor Omaxe are in the fray for redevelopment of New Delhi railway station entailing an investment of around Rs 6,500 crore.
Along with the modernisation of Mumbai s Chatrapati Shivaji Maharaj Terminus (CSMT), the capital s key station is among the most prominent asset monetisation and railway modernisation programme being undertaken by the Centre.
Rail Land Development Authority (RLDA), which has been tasked to undertake the redevelopment, said BIF IV India Infrastructure Holding, ISQ Asia Infrastructure Investments, Anchorage Infrastructure Investments, Kalpataru Power Transmission, Arabian Construction Company and Elpis Ventures have also participated in the technical bidding for the station.