Bids received for New Delhi rly station redevelopment
The New Delhi railway station (NDLS) redevelopment project has received bids from nine companies this week.
Image Source The NDLS redevelopment is a flagship project of the Rail Land Development Authority (RLDA). RLDA will float the financial bid for selected participants in the next stage. The project development follows the pre-bid meetings and virtual roadshows that apprised the stakeholders of various developments and invited feedback on the redevelopment project. This is the first project to be undertaken on the transit-oriented development (TOD) concept in Delhi-NCR.
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Qualifying bids were received from the following nine players.
Adani Railways Transport
- Anchorage Infrastructure Investments Holdings
- Arabian Construction Company
- BIF IV India Infrastructure Holding
- Elpis Ventures
- GMR Highways
- ISQ Asia Infrastructure Investments
- Kalpataru Power Transmission
The project has a master plan area of 120 hectares, of which 88 hectares are being planned in phase 1 of the project. The redeveloped station will be connected to the Indira Gandhi International (IGI) airport through the Delhi Metro Airport Express Line and Delhi-NCR via the Yellow Line. Delhi Transport Corporation (DTC) bus stops will be present on both sides of the station.
This project's capital expenditure has a mandatory cost of Rs 5,000 crore for station development where the developer has to develop facilities for station users and Rs 1,500 crore for developing the station estate, an official told media sources.
User development charges are yet to be notified.