Only four firms submit bids for redevelopment of Mumbai's CSMT station
RAILWAYS & METRO RAIL

Only four firms submit bids for redevelopment of Mumbai's CSMT station

Only four companies have submitted bids for the Rs 1,800 crore redevelopment of Mumbai's UNESCO-listed Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station.

Larsen and Toubro (L&T), Afcons Infrastructure, Ahluwalia Contracts, and Nagarjuna Construction are the companies.

"The technical evaluation of the four submitted bids will be completed in the coming weeks, after which the financial bids will be opened," a government official familiar with the situation said.

The Rail Land Development Authority (RLDA) has called for bids to redevelop the iconic Mumbai station. The redevelopment of CSMT will be carried out using a hybrid annuity model, in which the railways will initially invest 40% of the cost and the developer will invest the remainder.

The RLDA held the first pre-bid meeting for the redevelopment of CSMT in November, followed by a second round of meetings in December. A Request for Quotation (RFQ) had previously been issued, and nine bidders qualified, according to a second government official.

"Previously bidders for the redevelopment of CSMT station, such as Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP, and Assystem Stup, have not submitted bids in the current round," the second official said.

He went on to say that the previous RFQ was scrapped because the government changed the tender process to allow more bidders to participate in the exercise.

The federal cabinet approved redevelopment proposals for three major railway stations - New Delhi Railway Station, Ahmedabad Railway Station, and CSMT - in September 2022, at an estimated cost of Rs 10,000 crore.

The redeveloped station will be a green building that uses solar energy, conserves water and recycles it, has a sewage treatment plant, and a solid waste management system. The renovated CSMT station will include a large roof plaza with all passenger amenities in one location, as well as space for retail stores, cafeterias, and recreational facilities. There will be a food court, a waiting lounge, and a location for local products.

Also Read
3,000 km roads; 9 bridges to be constructed by Odisha Govt in 2023-24
Power plants in Delhi fails to adhere to biomass co-firing policy

Only four companies have submitted bids for the Rs 1,800 crore redevelopment of Mumbai's UNESCO-listed Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station. Larsen and Toubro (L&T), Afcons Infrastructure, Ahluwalia Contracts, and Nagarjuna Construction are the companies. The technical evaluation of the four submitted bids will be completed in the coming weeks, after which the financial bids will be opened, a government official familiar with the situation said. The Rail Land Development Authority (RLDA) has called for bids to redevelop the iconic Mumbai station. The redevelopment of CSMT will be carried out using a hybrid annuity model, in which the railways will initially invest 40% of the cost and the developer will invest the remainder. The RLDA held the first pre-bid meeting for the redevelopment of CSMT in November, followed by a second round of meetings in December. A Request for Quotation (RFQ) had previously been issued, and nine bidders qualified, according to a second government official. Previously bidders for the redevelopment of CSMT station, such as Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP, and Assystem Stup, have not submitted bids in the current round, the second official said. He went on to say that the previous RFQ was scrapped because the government changed the tender process to allow more bidders to participate in the exercise. The federal cabinet approved redevelopment proposals for three major railway stations - New Delhi Railway Station, Ahmedabad Railway Station, and CSMT - in September 2022, at an estimated cost of Rs 10,000 crore. The redeveloped station will be a green building that uses solar energy, conserves water and recycles it, has a sewage treatment plant, and a solid waste management system. The renovated CSMT station will include a large roof plaza with all passenger amenities in one location, as well as space for retail stores, cafeterias, and recreational facilities. There will be a food court, a waiting lounge, and a location for local products. Also Read 3,000 km roads; 9 bridges to be constructed by Odisha Govt in 2023-24 Power plants in Delhi fails to adhere to biomass co-firing policy

Next Story
Infrastructure Energy

Digital Economy, Renewable Energy to Boost Job Creation: Economic Survey

The Economic Survey 2024-25, presented by Union Finance Minister Nirmala Sitharaman, indicates substantial improvement in India’s labour market, driven by strong post-pandemic recovery and formalisation of the workforce. Key findings include a significant drop in the unemployment rate from 6 per cent in 2017-18 to 3.2 per cent in 2023-24. Additionally, there has been notable growth in female labour force participation, which increased from 23.3 per cent in 2017-18 to 41.7 per cent in 2023-24.Other highlights include:Over 30.51 crore unorganised workers registered on the eShram portal, suppor..

Next Story
Real Estate

Aditya Birla Housing Finance Secures Rs 8.3 Billion from IFC

Aditya Birla Housing Finance Ltd. (ABHFL), a subsidiary of Aditya Birla Capital, has raised Rs 8.3 billion through non-convertible debentures (NCDs) from the International Finance Corporation (IFC). The company stated that the funds will be used to provide housing loans to low- and middle-income groups (LIG and MIG), with a special focus on promoting homeownership among women. Additionally, a portion of the investment will support MSMEs, particularly women-led enterprises, to drive economic growth. The initiative aims to strengthen financial inclusion and uplift underserved communities in the ..

Next Story
Infrastructure Energy

Bihar to Bid Out 2,400 MW Power Plant by March

The Bihar government plans to auction the proposed 2,400 MW coal-based power plant at Pirpainti by March 2025. Part of the state's FY25 budget initiatives, the project is valued at Rs 214 billion, covering multiple power sector developments. Coal for the plant is expected to come from Eastern Coalfields, with fuel and location already determined to streamline the bidding process. Discussions are underway to finalise coal supply under the SHAKTI scheme, with a resolution expected by February. The Central government has also pledged support for fast-tracking environmental clearances to facilit..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000