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Railways to e-auction 100 stations for redevelopment
01 May 2015
1 Min Read
CW Team
Indian Railways will take the e-auction route for redevelopment of stations through public-private partnership (PPP). The plan is to prepare a policy for e-auctioning contracts for about 100 railway stations in a bid to ease processes for private companies undertaking PPP projects. Under the initiative, private players will submit their bids online, after which a technical committee will analyse and approve the bids. In return, the private players will be given a specified area within the station premises and around it to be used commercially.
Contact: Indian Railways. Tel: 011-2338 9155. Website: www.indianrailways.gov.in
Indian Railways will take the e-auction route for redevelopment of stations through public-private partnership (PPP). The plan is to prepare a policy for e-auctioning contracts for about 100 railway stations in a bid to ease processes for private companies undertaking PPP projects. Under the initiative, private players will submit their bids online, after which a technical committee will analyse and approve the bids. In return, the private players will be given a specified area within the station premises and around it to be used commercially. Contact: Indian Railways. Tel: 011-2338 9155. Website: www.indianrailways.gov.in
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