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New Delhi railway station to go under redevelopment; take a look at future model

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India's largest and second busiest railway station, New Delhi will be going through a process of redevelopment. Rail Land Development Authority (RLDA) and Indian Railway Station Development Corporation (IRSDC) has invited bids from the private companies.

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New Delhi Railway station handles around 400 trains and 4.5 lakh passengers per day. This is expected to further grow to a higher scale.

RLDA has invited bids from private players to redevelop New Delhi railway station into an integrated commercial, retail and hospitality hub.

 

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A pre-bidding meeting was held in which firms like GMR, Adani, GMR, JKB Infra, Arabian Construction Company, Anchorage Infrastructure participated and expressed their interest in the project.

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The project will position the New Delhi Railway station as a multi-model hub through up-gradation of the infrastructure and  provision of state of the art amenities such as elevated concourse, multi-level car parking, and many amenities for passangers.

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Investors and developers from countries including Singapore, Australia, UAE, Spain will participate in the process.

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The project would be based on a Design-Build Finance Operate Transfer (DBFOT) model for a lease of 60 years. The estimated capital expenditure for this project is approximately 680 million US dollars and is expected to complete in the span of four years. 

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The phased redevelopment would involve station redevelopment, development of associated infrastructure, up-gradation of social infrastructure and refurbishment of railway offices and quarters.

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