First PPP station redevelopment in Madhya Pradesh

The Indian Railways Station Redevelopment Corporation has signed an agreement with a consortium of two private companies for modernisation of the Habibganj railway station in Madhya Pradesh.The consortium comprises Bansal Construction Works and Prakash Asphalting & Toll Highways (India). The cost of station redevelopment is Rs 100 crore and the estimated cost in case of commercial development is Rs 300 crore. Contact: Indian Railways Station Redevelopment Corporation. Tel: 011-2467 2718. Website: www.irsdc.com