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Adani, GMR among firms in next round for Mumbai's CSMT rly station revamp

Read more about Adani, GMR among firms in next round for Mumbai s CSMT rly station revamp on Business Standard. Redevelopment cost pegged at Rs 1,642 cr; project to be executed on design, build, finance, operate and transfer (DBFOT)-basis ....

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Mumbai: GMR, Adani, Godrej and seven others bid for Rs 1,600 crore CSMT revamp | Mumbai News


Project will include restoring CSMT heritage precincts to the 1930 stature
MUMBAI: Redevelopment of the Chhatrapati Shivaji Maharaj Terminus is likely to start this year with 10 companies successfully submitting applications to bid for the Rs 1,642 crore project.
GMR Enterprises, ISQ Asia Infrastructure Investments, Kalpataru Power Transmission, Anchorage Infrastructure Investments Holdings, Adani Railways Transport, Brookfield Infrastructure Fund IV, Moribus Holdings, Godrej Properties, Keystone Realtors and Oberoi Realty have been qualified to submit financial bids in the next three to four months.
The project envisages providing an airport-like experience to passengers at the iconic railway station, besides opening up a space for commercial and residential units in south Mumbai. The Unesco world heritage site will not be disturbed. The project is expected to be completed in four years ....

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Adani, GMR And Godrej Among 10 Players To Enter Race To Redevelop Mumbai's CSMT Railway Station


Adani, GMR And Godrej Among 10 Players To Enter Race To Redevelop Mumbai s CSMT Railway Station
by Arun Kumar Das - Jan 16, 2021 03:51 AM
Chhatrapati Shivaji Maharaj Terminus
Snapshot
The Rs 1,642-crore redevelopment project envisages integration of various modes to make the iconic railway station a multi-modal transport hub
GMR Enterprises Adani Railways Transport and Godrej Properties, are among 10 private players who have evinced interest to redevelop Chhatrapati Shivaji Maharaj Terminus, a heritage property in Mumbai.
The redevelopment project is a crucial one as the CSMT is a historic station and the UNESCO World Heritage site located in the heart of Mumbai city. ....

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Chhatrapati Shivaji Maharaj Terminus redevelopment: 10 firms submit qualifying bids


January 15, 2021
GMR Enterprises, Kalpataru Power Transmission, Adani Railways Transport among bidders
Ten firms,including GMR Enterprises, ISQ Asia Infrastructure Investments, Kalpataru Power Transmission, Anchorage Infrastructure Investments Holdings, Adani Railways Transport, Brookfield Infrastructure Fund, have submitted qualifying bids for redeveloping Chhatrapati Shivaji Maharaj Terminus (CSMT), Mumbai. Other bidders are Moribus Holdings, Godrej Properties, Keystone Realtors and Oberoi Realty, said a IRSDC statement.
Indian Railway Stations Development Corporation Ltd (IRSDC) invited Request for Qualification (RFQ) for redevelopment of CSMT on public private partnership basis on August 20, 2020, after ‘in principle’ approval of the Public Private Partnership Appraisal Committee (PPPAC), the release added.
The redevelopment cost of the station (mandatory cost) including the cost of financing and contingency is ₹1,642 crore. The project will be undertaken ....

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