Chandigarh rly station revamp delayed

11 Mar 2021 CW Staff

The Chandigarh railway station redevelopment project, a part of the Indian Railways redevelopment drive, has been stretched by a year.

Ambala Divisional Railway Manager (DRM) Gurinder Mohan Singh told media sources that the project has been kept on hold for another year. The tenders have been invited, but the contractor has demanded some revisions in expenditure and labour availability, said Singh.

Last month, the Indian Railway Stations Development Corporation Ltd (IRSDC) had invited a Request for Proposal (RFP) to lease vacant land parcels up to 99 years for mixed use development as part of the Chandigarh Railway Station redevelopment project.

The bids are for four land parcels—17,890 square metre (sq m), 15,027 sq m, 12,427 sq m and 11,347 sq m spanning across 56,691 sq m of land, with a total allowable built-up area (BUA) of 232,341 sq m. According to IRSDC, interested parties can bid for all the four land parcels or can also bid for individual land parcels, depending on their choice. Alternative Investment Funds (AIF), or Foreign Investment Funds (FIF), can also participate in the bidding process.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The project was approved in 2014, after which Indian Railway Stations Development Corporation Limited (IRSDC) was constituted, and a Special Purpose Vehicle (SPV) took over the railway station in 2019.

The Ministry of Railways (MoR) has initiated the redevelopment of railway stations programmed across India, driven by the participation of private players as a part of public-private partnership (PPP) projects.

Currently, the redevelopment of 123 stations is in progress and out of this, Rail Land Development Authority (RLDA) is working on 62 stations, and IRSDC is working on 61 stations. According to current estimates, the total investment required for the redevelopment of 123 stations along with real estate development is about Rs 50,000 crore, according to IRSDC.

Image Source

Also read: Bids received for New Delhi rly station redevelopment

Also read: RLDA is developing 62 stations on PPP mode: VC

The Chandigarh railway station redevelopment project, a part of the Indian Railways redevelopment drive, has been stretched by a year. Ambala Divisional Railway Manager (DRM) Gurinder Mohan Singh told media sources that the project has been kept on hold for another year. The tenders have been invited, but the contractor has demanded some revisions in expenditure and labour availability, said Singh. Last month, the Indian Railway Stations Development Corporation Ltd (IRSDC) had invited a Request for Proposal (RFP) to lease vacant land parcels up to 99 years for mixed use development as part of the Chandigarh Railway Station redevelopment project. The bids are for four land parcels—17,890 square metre (sq m), 15,027 sq m, 12,427 sq m and 11,347 sq m spanning across 56,691 sq m of land, with a total allowable built-up area (BUA) of 232,341 sq m. According to IRSDC, interested parties can bid for all the four land parcels or can also bid for individual land parcels, depending on their choice. Alternative Investment Funds (AIF), or Foreign Investment Funds (FIF), can also participate in the bidding process.4th Indian Cement Review Conference 202117-18 March Click for event info The project was approved in 2014, after which Indian Railway Stations Development Corporation Limited (IRSDC) was constituted, and a Special Purpose Vehicle (SPV) took over the railway station in 2019. The Ministry of Railways (MoR) has initiated the redevelopment of railway stations programmed across India, driven by the participation of private players as a part of public-private partnership (PPP) projects. Currently, the redevelopment of 123 stations is in progress and out of this, Rail Land Development Authority (RLDA) is working on 62 stations, and IRSDC is working on 61 stations. According to current estimates, the total investment required for the redevelopment of 123 stations along with real estate development is about Rs 50,000 crore, according to IRSDC. Image Source Also read: Bids received for New Delhi rly station redevelopment Also read: RLDA is developing 62 stations on PPP mode: VC

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Infrastructure Urban

06 Nov 2025

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Infrastructure Transport

06 Nov 2025

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..