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Four Foreign Entities Among Nine Major Players To Bid For New Delhi Station Redevelopment Project

Four Foreign Entities Among Nine Major Players To Bid For New Delhi Station Redevelopment Project by Arun Kumar Das - May 26, 2021 04:49 AM New Delhi railway station.   Snapshot Adani Railways transport Ltd, GMR group, Arabian Construction Company, Anchorage Infrastructure, Omaxe and Kalpataru power transmission Ltd are among the nine domestic and international companies qualified in the RFQ for the Rs 6,500-crore project. Four foreign companies among nine major players have qualified to participate in the financial bid for redeveloping New Delhi railway station. Adani Railways transport Ltd, GMR group, Arabian Construction Company, Anchorage Infrastructure, Omaxe and Kalpataru power transmission Ltd are among the nine domestic and international companies qualified in the RFQ for the Rs 6,500 crore New Delhi Station redevelopment project.

Fairfax to list Anchrorage, its vehicle for airport and other infra funding

Indian born Canadian billionaire Prem Watsa-owned Fairfax India is planning to list Anchorage Infrastructure, its flagship investment vehicle for airports and other infrastructure investments in India. Meanwhile, Fairfax controlled Bangalore International Airport (BIAL) to invest around $2.2 billion to create infrastructure to handle around 90 million passengers by 2034. In a letter to the shareholders Prem Watsa, chairman, Fairfax said that since its inception in June 2019, Anchorage has actively participated in bidding for Indian airports’ and railway stations’ privatisation processes. “It continues to look for unique and value-accretive infrastructure and allied businesses. We have also started the preparation work to list Anchorage on the Indian stock exchanges”, said Watsa.

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How will New Delhi Railway station look after redevelopment? see in pics

How will New Delhi Railway station look after redevelopment? see in pics The phased redevelopment would involve station redevelopment, development of associated infrastructure and upgradation of social infrastructure. Sameer Dixit Jan 13, 2021, 08:05 PM IST New Delhi railway station is soon to undergo redevelopment work. It will be redeveloped by Rail Land Development Authority(RLDA) and Indian railway station development corporation (IRSDC) which has invited bids from private players. Rail Land Development Authority (RLDA) has invited online bids from private players to redevelop New Delhi Railway Station into an integrated commercial, retail and hospitality hub. In last September 2020 pre-bid meeting was also held in which firms like GMR, Adani, GMR, JKB Infra, Arabian Construction Company and Anchorage Infrastructure took part and expressed interest.

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