The Indian Railway Stations Development Corporation Ltd (IRSDC) on Thursday stated that nine firms are in the race to bag contracts for the redevelopment of four railway stations,Nagpur,Gwalior,Amritsar and Sabarmati under a PPP initiative worth round Rs.1300 crore.As per information,the nine firms,JKB Infrastructure,GMR Business and Consultancy Firm LLP,ISQ Asia Infrastructure Investments,Kalpataru Power Transmission Ltd,Anchorage Infrastructure Investments Holdings Limited,Monte Carlo Limited,Kalyan Toll Infrastructure Limited,GR Infraprojects Ltd and Cube Construction Engineering have put in 29 separate applications for the redevelopment of the four stations.
As per information,nine applications have qualified for Sabarmati station,eight for Gwalior and six each for Nagpur and Amritsar stations.These four stations are first railway projects to have in-principle approval of the Public Private Partnership Appraisal Committee(PPPAC)formed by the government.
The IRSDC had invited RFQs(Requests for Qualification)in December 2019 to redevelop the four railway stations i.e.Gwalior,Nagpur,Amritsar and Sabarmati and transform them into iconic city centres.The total indicative cost for redevelopment of the four stations is about Rs.1300 crore.The total built up area(BUA)allowed for commercial development is 54 lakh sq.ft.
