RLDA to take up redevelopment of 40 railway stations by 2021-22
RAILWAYS & METRO RAIL

RLDA to take up redevelopment of 40 railway stations by 2021-22

As many as 40 railway stations are targeted to be taken up for redevelopment purposes in 2021-22, and another 120 stations in 2022-23, Ved Parkash Dudeja, Vice Chairman, Rail Land Development Authority (RLDA), told the media.

National monetisation pipeline of the Rs 6,00,000 crore introduced by the centre involves 400 stations; the place funding of Rs 76,000 crore is expected, said Dudeja.

The Ministry of Railways, RLDA, and Indian Railway Stations Development Corporation (IRSDC) held a session with various stakeholders about the model concession agreement (MCA) finalisation for station development using the public-private partnership (PPP) model.

The concerns of various stakeholders need to be addressed, to make the program a success. To have a smooth execution of this program, the ministry has shared the draft MCA and held this webinar for effective participation of the stakeholders in the process, said Dudeja.

Those who attended the webinar involved Bharti Realty Limited, I-Squared capital, Anchorage Infrastructure Investments Holdings Limited, Brookfield Global Asset Management, Adani Infra, and many more.

For the redevelopment of railway stations, private corporations bidding will get compensation if the railways delay the cost of station extension charge by higher than every week.

The Ministry of Railways has given a draft guideline for the builders chosen for the railway station redevelopment, the place the builders may even supply rebate in case the railway makes the price within three days of the deadline.

Image Source


Also read: RLDA to redevelop 49 more railway stations as part of the Smart Cities project

As many as 40 railway stations are targeted to be taken up for redevelopment purposes in 2021-22, and another 120 stations in 2022-23, Ved Parkash Dudeja, Vice Chairman, Rail Land Development Authority (RLDA), told the media. National monetisation pipeline of the Rs 6,00,000 crore introduced by the centre involves 400 stations; the place funding of Rs 76,000 crore is expected, said Dudeja. The Ministry of Railways, RLDA, and Indian Railway Stations Development Corporation (IRSDC) held a session with various stakeholders about the model concession agreement (MCA) finalisation for station development using the public-private partnership (PPP) model. The concerns of various stakeholders need to be addressed, to make the program a success. To have a smooth execution of this program, the ministry has shared the draft MCA and held this webinar for effective participation of the stakeholders in the process, said Dudeja. Those who attended the webinar involved Bharti Realty Limited, I-Squared capital, Anchorage Infrastructure Investments Holdings Limited, Brookfield Global Asset Management, Adani Infra, and many more. For the redevelopment of railway stations, private corporations bidding will get compensation if the railways delay the cost of station extension charge by higher than every week. The Ministry of Railways has given a draft guideline for the builders chosen for the railway station redevelopment, the place the builders may even supply rebate in case the railway makes the price within three days of the deadline. Image Source Also read: RLDA to redevelop 49 more railway stations as part of the Smart Cities project

Next Story
Infrastructure Urban

Thanjavur to Turn Garbage Dump into Eco-Park Under CITIIS 2.0

The Thanjavur City Corporation plans to convert its 28-acre garbage dump at the Chekkadi compost yard into an eco-park under the CITIIS 2.0 programme by the Union Ministry of Housing and Urban Affairs. The project involves bio-capping around 2 lakh cubic metres of legacy waste at an estimated cost of $3.6 million. This will include leveling mounds, adding soil layers, and installing systems to prevent groundwater contamination. A Waste Processing Facility (WPF) worth $2.4–$3.6 million will also be established to handle non-biodegradable waste. Additionally, 12 existing and six proposed mic..

Next Story
Infrastructure Transport

Ceigall India Secures $111 Million Contract for Ludhiana Bypass

Infrastructure company Ceigall India Ltd has secured a significant contract from the National Highways Authority of India (NHAI) for the development of a six-lane greenfield southern Ludhiana bypass. The company received the Letter of Award (LOA) on March 13, 2025, according to a stock exchange filing. The project, part of the Ludhiana-Ajmer Economic Corridor, involves developing a 25.24 km stretch from NH44 near Village Rajgarh to the Delhi-Katra Expressway (NE 5) near Village Ballowal. Awarded under the Hybrid Annuity Mode (HAM), the project's estimated cost is approximately $104 million, ..

Next Story
Infrastructure Transport

J&K Plans New Srinagar-Pahalgam Road to Boost Tourism

The Jammu & Kashmir Public Works (R&B) Department has announced plans to construct an alternative road from Srinagar to Pahalgam via Khrew, Wahab Sahib, Syedabad (Pastuna), Karmula Tral, and Lehndajan. The new route is expected to reduce the travel distance between Srinagar and Pahalgam by approximately 30 kilometers, enhancing connectivity and promoting tourism in the lesser-explored upper regions of Tral. The project was discussed in response to a Starred Assembly Question raised by MLA Pampore, retired Justice Hasnain Masoodi. The Minister Incharge highlighted that the initiative would boo..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?