RAILWAYS

Swanky makeover for Surat, Udhna & Udaipur stations! 14 firms participate in Indian Railways’ pre-bid meeting

Soon, Indian Railways’ Udaipur, Surat and Udhna stations will boast a new makeover! In the recent pre bid meeting regarding the redevelopment of these stations 14 leading Developers, Funds and Consultants, namely, Kalpataru Group, Adani, Egis India, JKB Infrastructure, Cube Constructions, GMR, MBL Infrastructures, G R Infra, Monte Carlo, Thoth Infrastructure, Virtuous Retail South Asia Private Limited, PSP Projects, Sikka Associates, and Adroit Financial participated.

The Pre Bid meeting, mandated to redevelop these three stations, was conducted by Indian Railway Stations Development Corporation (IRSDC). The redevelopment’s objective is to transform these railway stations into ‘Railopolis’, equipped with state-of-the-art amenities at par with those of an international airport.

The redevelopment of Udaipur railway station will be done on a Design-Build Finance Operate Transfer model on the Transit-Oriented Development principle. The redevelopment project’s indicative cost is Rs 132 crores over a timeframe of three years.

The concessionaire duration is 60 years. According to IRSDC, Udaipur station’s redevelopment envisages a new east-side entry station building, connectivity with Inter-State Bus Terminus through commercial land via a network of pedestrian walkways, providing new East-West Road connectivity through Railway Under Bridges, as well as easy signage for all types of passengers.

The Surat MMTH redevelopment will be carried out by an SPV, Surat Integrated Transportation Development Corporation Limited, incorporated under the Companies Act, 2013 as a JV amongst IRSDC

Source
Financial express
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