Nine firms queue up to redevelop New Delhi railway station
February 03, 2021
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World-class facility to be created on DBFOT basis with a 60-year concession
The New Delhi railway station redevelopment project has received qualifying bids from nine companies Arabian Construction Company, Adani Railways Transport, BIF IV India Infrastructure Holding (DIFC), ISQ Asia Infrastructure Investments, Anchorage Infrastructure Investments Holdings Limited, Kalpataru Power Transmission Ltd, GMR Highways Limited, Omaxe Limited and Elpis Ventures, according to a source. The bids were received on Tuesday.
In the next stage, Rail Land Development Authority (RLDA) will float the financial bid for selected participants.
Arabian Construction, Adani Railways, GMR Highways in fray to develop New Delhi railway station
February 03, 2021
9 firms submit qualifying bids The New Delhi railway station development project has received qualifying bids from nine companies Arabian Construction Company, Adani Railways Transport, BIF IV India Infrastructure Holding (DIFC), ISQ Asia Infrastructure Investments, Anchorage Infrastructure Investments Holdings Limited, Kalpataru Power Transmission Ltd, GMR Highways Limited, Omaxe Limited and Elpis Ventures, according to a source. The bids were received late night on Tuesday.
In the next stage, the Rail Land Development Authority (RLDA) will float the Request for Proposal (RFP) for selected participants who get qualified in the technical process.
Nine firms bid for railway station redevelopment
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Project is expected to incur a capital expenditure of around $680 million
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Project is expected to incur a capital expenditure of around $680 million
Adani Railways Transport, GMR Highways, Arabian Construction Company, Kalpataru Power Transmission and Omaxe, are among the nine global and domestic firms who have shown interest in redeveloping the New Delhi Railway Station, the Railways said on Wednesday.
These firms, along with BIF IV India Infrastructure Holding (DIFC), ISQ Asia Infrastructure Investments, Anchorage Infrastructure Investments Holdings, and Elpis Ventures Pvt. Ltd., participated in the RFQ bids opened on Wednesday by the Rail Land Development Authority (RLDA).
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Turning New Delhi Railway Station world-class : Inside details
The New Delhi Railway Station will be redeveloped into a world-class station in line with global standards. With dome-shaped terminal buildings and two arrival and departure areas at the concourse level, the station is sure to undergo a complete makeover. At least nine global and domestic companies including Adani Railways Transport, ISQ Asia Infrastructure Investments, and GMR Highways, have participated in a bid to redevelop the New Delhi Railway Station Other companies like ISQ Asia Infrastructure Investments, Anchorage Infrastructure Investments Holdings Limited, Kalpataru Power Transmission, BIF IV India Infrastructure Holding, Omaxe Limited and Elpis Ventures participated in the request for quotation (RFQ) which opened on Wednesday.