TIL Desk/Business/New Delhi/ At least 20 national and international firms, including Société Nationale des Chemins de Fer Français, Arabian Construction Company, Anchorage Infrastructure Investments Holdings, Adani, GMR, and JKB Infrastucture, have evinced an interest in the redevelopment work of New Delhi railway station.
The Rail Land Development Authority (RLDA) has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub. The objective of this ambitious project is to position the station as a multi-modal hub through overhauling of infrastructure and provision of state-of-the-art amenities, such as an elevated concourse and multi-level car parking.
The project will be developed on a design-build-finance-operate-transfer model for a concession period of 60 years. It is expected to incur a capital expenditure of around Rs 6,500 crore and is slated to be completed in four years. “The redevelopment of New Delhi railway station has attracted interest from leading global firms. “The project aims to transform New Delhi railway station into a world-class transit hub, in line with Prime Minister’s vision of New India.
