Indian Railway Stations Development Corporation Limited (IRSDC) has shortlisted nine bidders for the redevelopment of Mumbai Chhatrapati Shivaji Maharaj Termi
Chhatrapati Shivaji Maharaj Terminus. (File photo)
MUMBAI: A total of nine bidders remained in fray for the Chhatrapati Shivaji Maharaj Terminus(CSMT) redevelopment project that promises airport-like experience to passengers, besides opening up a space for commercial and residential units in south Mumbai.
Indian Railway Stations Development Corporation (IRSDC), which is spearheading the bidding process, had invited requests for qualification under the public-private partnership (PPP) basis on August 20, 2020.
The nine bidders were shortlisted after Indian Railway Stations Development Corporation (IRSDC) evaluated the RFQ (Request for Quotation) Applications submitted by the bidders
On January 15, 2021, IRSDC opened the RFQ applications of CSMT Railway station and received response from 10 developers.
The redevelopment of Mumbai s Chhatrapati Shivaji Maharaj Terminus is part of the Railways plans to transform stations into Railopolis - a mini smart city with mixed-use development where one can live, work, play, and ride, thus attracting huge investm
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Arabian Construction Company, Adani Railways Transport, Kalpataru Power Transmission, GMR Highways, and Omaxe have expressed interest in redeveloping the New Delhi railway station. A statement from the Rail Land Development Authority (RLDA) said that BIF IV India Infrastructure Holding (DIFC), ISQ Asia Infrastructure Investments, Anchorage Infrastructure Investments Holdings, and Elpis Ventures also participated in the Request for quotation (RFQ). “These companies will now undergo technical evaluation. In the next stage RLDA will float the Request for Proposal (RFP) for selected participants who get qualified in the technical process,” the statement said. “New Delhi Railway Station Redevelopment is a flagship project of the Rail Land Development Authority (RLDA), and the first to be undertaken on the Transit-Oriented Development (TOD) concept in Delhi-NCR. It will incur a capital expenditure at around $680 million and will be developed on a Design-Build-Finance-Operate-T