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.
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.
Updated Feb 04, 2021 | 08:03 IST
New Delhi Railway Station Redevelopment is a flagship project of the RLDA, and the first to be undertaken on the Transit-Oriented Development (TOD) concept in Delhi-NCR. The New Delhi Railway Station will be redeveloped into a world-class station in line with global standards with dome-shaped terminal buildings
New Delhi: Nine major global and domestic companies including GMR Highways, Adani Railways and realtor Omaxe are in the race to bag the redevelopment project of New Delhi railway station entailing an investment of around Rs 6,500 crore.
Worth mentioning here is that Mumbai’s Chatrapati Shivaji Maharaj Terminus (CSMT) and the capital s main railway station are among the most prominent asset monetisation and railway modernisation programme being undertaken by the Centre.
Arabian Construction Company, Adani Railways Transport, Kalpataru Power Transmission, GMR Highways, and Omaxe have expressed interest in redeveloping the New Delhi railway station. A statement from the Rail Land Development Authority (RLDA) said that BIF IV India Infrastructure Holding (DIFC), ISQ Asia Infrastructure Investments, Anchorage Infrastructure Investments Holdings, and Elpis Ventures also participated in the Request for quotation (RFQ). “These companies will now undergo technical evaluation. In the next stage RLDA will float the Request for Proposal (RFP) for selected participants who get qualified in the technical process,” the statement said. “New Delhi Railway Station Redevelopment is a flagship project of the Rail Land Development Authority (RLDA), and the first to be undertaken on the Transit-Oriented Development (TOD) concept in Delhi-NCR. It will incur a capital expenditure at around $680 million and will be developed on a Design-Build-Finance-Operate-T