RAILWAYS

Indian Railways’ New Delhi Railway Station to become world-class! 9 global, domestic firms participate in bid

Indian Railways’ New Delhi Railway Station (NDLS) to become world-class! To redevelop the New Delhi railway station, nine global and domestic companies have participated including Adani Railways Transport, GMR Highways and ISQ Asia Infrastructure Investments.

Other firms like Anchorage Infrastructure Investments Holdings Limited, BIF IV India Infrastructure Holding, Kalpataru Power Transmission, Omaxe Limited as well as Elpis Ventures participated in the request for quotation (RFQ) for the station redevelopment project which opened on Wednesday. According to a PTI report, these firms will now undergo technical evaluation.

The Rail Land Development Authority (RLDA) will float the request for proposal (RFP) in the next stage for selected participants who get qualified in the technical process. The project development follows the pre-bid meetings as well as virtual roadshows that apprised the stakeholders of various developments and elicited feedback on the station redevelopment.

The NDLS redevelopment is a flagship project of the RLDA. Also, it is the first to be undertaken on the Transit-Oriented Development (TOD) concept in Delhi-NCR.

Source
financial express
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