The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Nagpur City

Station Redevelopment: IRSDC opens RFQ Applications of Nagpur, Gwalior, Amritsar and Sabarmati

by TLN Team June 27, 2020
written by TLN Team June 27, 2020
BYK Demand to Construct "Yatri Niwas" at Nagpur Railway Station

Indian Railway Stations Development Corporation Ltd. (IRSDC) in December 2019 invited RFQs (Request for Qualification) with a view of redeveloping the four Railway stations namely Gwalior, Nagpur, Amritsar & Sabarmati, and transform them into iconic city centers. IRSDC opened the RFQ applications of these four railway stations on Friday.

IRSDC received an overwhelming response from developers and fund houses despite the current COVID19 scenario. In total, IRSDC received 32 successful applications. JKB Infrastructure Pvt. Ltd., GMR Business and Consultancy LLP, ISQ Asia Infrastructure Investments, Kalpataru Power Transmission Ltd., Anchorage Infrastructure Investments Holdings Ltd., Monte Carlo Limited, GR Infra Projects Ltd., Kalyan Toll Infrastructure Ltd., Cube Construction Engineering are some of the names from whom applications have been received.

Out of the 32 applications, 9 applications have been received for Sabarmati station (Ahmedabad). The applicants include two ‘Funds’ also apart from reputed developers.

The total Indicative cost for the redevelopment of the above four stations is about Rs. 1300 crore. The total built-up area (BUA) allowed for commercial development is 54 lakh sq. ft. No land-use change and prior environmental clearance is required for these projects as these are Railway projects under Railway Act 1989. IRSDC is the nodal agency for the redevelopment of stations.

These four Projects are the first railway projects to have in-principle approval of the Public-Private Partnership Appraisal Committee (PPPAC), formed by GOI for PPP projects. These four stations are also the first ones to have a provision of pre-determined user charges on passengers and visitors as one of the main revenue streams for the concessionaire of the redeveloped stations.

After shortlisting the applicants, Request for Proposal will be called in which bids will be submitted by the bidders. It is likely that the work will start soon in all four projects.

Indian Railway Stations Development Corporation Ltd. (IRSDC) is a Joint venture company of RLDA and IRCON with 50:50 ownership presently. RITES is also likely to join shortly as another promoter with 24% equity so that RITES and IRCON shall jointly hold 50% equity. IRSDC is at the core of Indian Railway’s mission of transforming the country’s railway stations into world-class 24×7 hubs.

These redeveloped hubs will be called as ‘Railopolis’, as it will attract huge investment and business opportunities. With the application of Form-Based codes developed by IRSDC, the availability of public areas in Railopolis shall increase thus making such redeveloped railway stations as true city centers.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
 Godrej Professional announces Suraksha Salon Program for post-lockdown support
next post
Pandemic Effect: Law Ministry Reduces Age Limit of Voters to Opt for Postal Ballots

You may also like

Police recover stolen laptop and other equipment worth...

June 6, 2023

Aawaz Presents “Open Mic”: An Evening of Artistic...

June 5, 2023

Nagpur continues to sizzle at 41.6, Chandrapur hottest...

June 5, 2023

Gadkari announces plan to transition fuel-based buses to...

June 5, 2023

Voter list revision begins in Nagpur; authorities call...

June 5, 2023

Photo exhibition on first Dalit Women’s Convention on...

June 5, 2023

Power outage at Daga Hospital for more than...

June 5, 2023

6 dead as ‘speeding’ car rams into bus...

June 4, 2023

Fire broke out at a plastic shop in...

June 4, 2023

400 crore project of Mother Dairy soon in...

June 4, 2023

Trending News

  • Apple launches the thinnest MacBook Air with 18-hour battery life.

    June 6, 2023
  • Coromandel express accident: Train derailment in Odisha leaves over 200 dead, 900 injured

    June 3, 2023
  • Block spam calls using this step-by-step process

    June 2, 2023
  • Ahmednagar to be renamed Ahilyanagar

    May 31, 2023
  • Cricketer Deepak Chahar’s dance goes viral after CSK win

    May 30, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

June 2020
M T W T F S S
« May   Jul »
1234567
891011121314
15161718192021
22232425262728
2930  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.