Indian Railway Stations Development Corp (IRSDC) has shortlisted nine companies for four railway station redevelopment project. The project includes transforming the railway stations at Gwalior in Madhya Pradesh, Nagpur in Maharashtra, Amritsar in Punjab, and Sabarmati in Gujarat into the commercial hubs.
The shortlisted companies are GR Infraprojects, Kalpataru Power Transmission, GMR Business and Consultancy, Cube Construction Engineering, Anchorage Infrastructure Investments Holdings, ISQ Asia Infrastructure Investments, Montecarlo, JKB Infrastructure, and Kalyan Toll Infrastructure.
Country updates
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July 15, 2020
Contract award for section of NH 19 road project in West Bengal
The National Highway Authority of India (NHAI) has awarded the concession of 63.83 km stretch of NH 19 from Dankuni to Palsit in west Bengal to IRB Infrastructure Developers. The project wil...
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July 13, 2020
BP invests US$70mn in Green Growth Equity Fund
British oil and gas major BP is set to invest in the Green Growth Equity Fund (GGEF) in India. The fund, established in 2018, is focused on identifying, investing, and supporting growth in zero c...
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July 09, 2020
RFP launched for Bundle 4 of Indian toll highway project
The National Highway Authority of India (NHAI) has launched a request for proposal (RFP) seeking private partner for the development of seven national highway stretches as part of bundle 4 plan....
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July 07, 2020
First payment made by concessionaire for Mumbai-Pune Expressway project
The Maharashtra State Road Development Corporation (MSRDC) has received the first payment of INR 65 billion (US$ 872.13 million) from the SPV IRB MP Expressway Pvt Ltd. The SPV is managed by...
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July 07, 2020
Indian government launches procurement process for passenger train service privatization
The Indian Railways has launched a tender notice seeking private railway operators to operate and manage passenger services at 109 origin destinations involving use of 151 new trains. The trains will...
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