+
Mumbai Heritage Committee gives nod for CSMT station redevelopment
RAILWAYS & METRO RAIL

Mumbai Heritage Committee gives nod for CSMT station redevelopment

The Central Railway is all set to invite fresh tenders for redeveloping the Chhatrapati Shivaji Maharaj Terminus (CSMT) as it has received approval from the Mumbai Heritage Conservation Committee (MHCC).

According to an official, after getting approval from the MHCC, the documents will be sent to Public-Private Partnership Approval Committee (PPPAC), after which a new request for quotation (RFQ) cum request for proposal (RFP) will be invited.

Earlier, the railway department had planned to redevelop the CSMT on a public-private partnership (PPP) model. However, it was declined in favour of the Hybrid Annuity Model (HAM), which is a combination of engineering, procurement and construction (EPC) and build operate and transfer (BOT) models where the railway station will be leased out to the developer for 27 years.

In HAM, the railways will invest 40% of the project cost of around Rs 1,350 crore, and the developer would invest the rest 60%.

Unlike earlier, the central railways will have to repay the investment amount of the developer in the next 27 years to get back the possession of the station from the developer.

Earlier, RFQ and RFP were invited, and nine companies participated, including Adani, Godrej and Oberoi had submitted the proposal.

However, the Indian Railway Stations Development Corporation Limited (IRSDC), redeveloping the railway stations, was dissolved into the Rail Land Development Authority (RLDA), resulting in the cancellation of the whole process and a few changes were done in designing and planning.

Image Source

Also read: Mumbai railway stations to witness a complete makeover

The Central Railway is all set to invite fresh tenders for redeveloping the Chhatrapati Shivaji Maharaj Terminus (CSMT) as it has received approval from the Mumbai Heritage Conservation Committee (MHCC). According to an official, after getting approval from the MHCC, the documents will be sent to Public-Private Partnership Approval Committee (PPPAC), after which a new request for quotation (RFQ) cum request for proposal (RFP) will be invited. Earlier, the railway department had planned to redevelop the CSMT on a public-private partnership (PPP) model. However, it was declined in favour of the Hybrid Annuity Model (HAM), which is a combination of engineering, procurement and construction (EPC) and build operate and transfer (BOT) models where the railway station will be leased out to the developer for 27 years. In HAM, the railways will invest 40% of the project cost of around Rs 1,350 crore, and the developer would invest the rest 60%. Unlike earlier, the central railways will have to repay the investment amount of the developer in the next 27 years to get back the possession of the station from the developer. Earlier, RFQ and RFP were invited, and nine companies participated, including Adani, Godrej and Oberoi had submitted the proposal. However, the Indian Railway Stations Development Corporation Limited (IRSDC), redeveloping the railway stations, was dissolved into the Rail Land Development Authority (RLDA), resulting in the cancellation of the whole process and a few changes were done in designing and planning. Image Source Also read: Mumbai railway stations to witness a complete makeover

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code