Railway board orders closure of IRSDC after shutting down IROAF
RAILWAYS & METRO RAIL

Railway board orders closure of IRSDC after shutting down IROAF

To rightsize the Indian Railways, the Railway Board has passed an order to shut down the Indian Railway Stations Development Corporation (ISRDC), which was set for the redevelopment of the railway stations in India.

It now became the second organisation under the Ministry of Railway to shut down the Indian Railways Organisation for Alternative Fuel (IROAF) on 7 September.

The initiative is to accept the recommendation of the Ministry of Finance, which recommended the rationalisation of the government bodies by their closure or through merging multiple organisations under various ministries.

The order passed on Monday, and the Railway Board said that the stations managed by IRSDC would be given to the respective zonal railways, and corporations will pass the documents related to all the projects for future development.

Several projects of IRSDC, set up in 2012, were included in the bidding for the redevelopment of the Chhatrapati Shivaji Terminus in Mumbai.

Recently, IRSDC has floated a tender for setting up Rail Arcade in Chandigarh and KSR Bengaluru Railway Stations. It also unveiled its plan to undertake facility management of 90 railway stations in Southern India.

According to a report prepared by the Principal Economic Advisor, Sanjeev Sanyal, it recommended merging the Rail Vikas Nigam Ltd (RVNL), which was set up for the projects related to creating and augmenting the railway infrastructure with the Indian Railway Construction Ltd (IRCON).

Image Source

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

To rightsize the Indian Railways, the Railway Board has passed an order to shut down the Indian Railway Stations Development Corporation (ISRDC), which was set for the redevelopment of the railway stations in India. It now became the second organisation under the Ministry of Railway to shut down the Indian Railways Organisation for Alternative Fuel (IROAF) on 7 September. The initiative is to accept the recommendation of the Ministry of Finance, which recommended the rationalisation of the government bodies by their closure or through merging multiple organisations under various ministries. The order passed on Monday, and the Railway Board said that the stations managed by IRSDC would be given to the respective zonal railways, and corporations will pass the documents related to all the projects for future development. Several projects of IRSDC, set up in 2012, were included in the bidding for the redevelopment of the Chhatrapati Shivaji Terminus in Mumbai. Recently, IRSDC has floated a tender for setting up Rail Arcade in Chandigarh and KSR Bengaluru Railway Stations. It also unveiled its plan to undertake facility management of 90 railway stations in Southern India. According to a report prepared by the Principal Economic Advisor, Sanjeev Sanyal, it recommended merging the Rail Vikas Nigam Ltd (RVNL), which was set up for the projects related to creating and augmenting the railway infrastructure with the Indian Railway Construction Ltd (IRCON). Image Source

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

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