India to upgrade 10 rail stations using PPP model

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
India to upgrade 10 rail stations using PPP model

Indian Railways has announced plans to develop around 10 major stations of Metro Cities and important junctions through public - private partnership (PPP) mode.

This plans aims to make railways stations in India at par with global standards, including passengers' safety and new facilities.

Indian Railway Stations Development Corporation Ltd. (IRSDC) has been set up to undertake the station PPP projects.

The stations to be developed under PPP model will be based on adequacy of land, redevelopment cost, expected returns from real estate development, and capacity of infrastructure among others.

Such projects require detailed techno-economic feasibility studies and statutory clearances from local authorities. Though Indian Railways have been making sustained efforts towards expediting various issues, no targets can be indicated.

According to sources, the focus could be on stations like Kurla, Borivli, Dadar and Thane (all in Mumbai), where the volume of services and crowd is significant. These stations were designed 50-60 years ago.

List of country news

Country news

  • August 07, 2014

    Four companies submit pre-qualification bids for Kozhikode City Road PPP Project

    According to the local press, Kerala Road Fund board (KRFB), a company owned by the government of the state of Kerala (India), have received pre-qualification bids from four companies for the Kozhikode city road improvement PPP project (phase IA). Read more
  • August 12, 2014

    21 road PPP projects without bidders in India, focus on EPC

    The Government of India has announced that twenty-one road PPP projects bid out by the National Highways Authority of India (NHAI) did not get a single bidder during the fiscal year 2013-2014. Read more
  • August 13, 2014

    Three bidders to bid for Vizhinjam seaport PPP project

    Three of the five firms that were shortlisted in March have purchased the price bid documents to participate in the tenders process for the Vizhinjam International Deepwater Seaport (VISL) in India. Read more
  • August 18, 2014

    Rajasthan seeks transaction advisor for 30 road PPPs

    The Government of Rajasthan, India, through the Public Works Department, has launched a tender process to hire financial and transaction advisers to analyze and structure PPP projects for around 30 state highways. Read more
  • August 18, 2014

    India to award seven PPP projects in the port sector

    The government of India has identified seven projects for increasing capacity by 67 million tonnes (MT) of cargo at five major ports under the public-private-partnership (PPP) model during the current fiscal year finishing in March 2015. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.