Only four firms submit bids for redevelopment of Mumbai's CSMT station
RAILWAYS & METRO RAIL

Only four firms submit bids for redevelopment of Mumbai's CSMT station

Only four companies have submitted bids for the Rs 1,800 crore redevelopment of Mumbai's UNESCO-listed Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station.

Larsen and Toubro (L&T), Afcons Infrastructure, Ahluwalia Contracts, and Nagarjuna Construction are the companies.

"The technical evaluation of the four submitted bids will be completed in the coming weeks, after which the financial bids will be opened," a government official familiar with the situation said.

The Rail Land Development Authority (RLDA) has called for bids to redevelop the iconic Mumbai station. The redevelopment of CSMT will be carried out using a hybrid annuity model, in which the railways will initially invest 40% of the cost and the developer will invest the remainder.

The RLDA held the first pre-bid meeting for the redevelopment of CSMT in November, followed by a second round of meetings in December. A Request for Quotation (RFQ) had previously been issued, and nine bidders qualified, according to a second government official.

"Previously bidders for the redevelopment of CSMT station, such as Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP, and Assystem Stup, have not submitted bids in the current round," the second official said.

He went on to say that the previous RFQ was scrapped because the government changed the tender process to allow more bidders to participate in the exercise.

The federal cabinet approved redevelopment proposals for three major railway stations - New Delhi Railway Station, Ahmedabad Railway Station, and CSMT - in September 2022, at an estimated cost of Rs 10,000 crore.

The redeveloped station will be a green building that uses solar energy, conserves water and recycles it, has a sewage treatment plant, and a solid waste management system. The renovated CSMT station will include a large roof plaza with all passenger amenities in one location, as well as space for retail stores, cafeterias, and recreational facilities. There will be a food court, a waiting lounge, and a location for local products.

Also Read
3,000 km roads; 9 bridges to be constructed by Odisha Govt in 2023-24
Power plants in Delhi fails to adhere to biomass co-firing policy

Only four companies have submitted bids for the Rs 1,800 crore redevelopment of Mumbai's UNESCO-listed Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station. Larsen and Toubro (L&T), Afcons Infrastructure, Ahluwalia Contracts, and Nagarjuna Construction are the companies. The technical evaluation of the four submitted bids will be completed in the coming weeks, after which the financial bids will be opened, a government official familiar with the situation said. The Rail Land Development Authority (RLDA) has called for bids to redevelop the iconic Mumbai station. The redevelopment of CSMT will be carried out using a hybrid annuity model, in which the railways will initially invest 40% of the cost and the developer will invest the remainder. The RLDA held the first pre-bid meeting for the redevelopment of CSMT in November, followed by a second round of meetings in December. A Request for Quotation (RFQ) had previously been issued, and nine bidders qualified, according to a second government official. Previously bidders for the redevelopment of CSMT station, such as Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP, and Assystem Stup, have not submitted bids in the current round, the second official said. He went on to say that the previous RFQ was scrapped because the government changed the tender process to allow more bidders to participate in the exercise. The federal cabinet approved redevelopment proposals for three major railway stations - New Delhi Railway Station, Ahmedabad Railway Station, and CSMT - in September 2022, at an estimated cost of Rs 10,000 crore. The redeveloped station will be a green building that uses solar energy, conserves water and recycles it, has a sewage treatment plant, and a solid waste management system. The renovated CSMT station will include a large roof plaza with all passenger amenities in one location, as well as space for retail stores, cafeterias, and recreational facilities. There will be a food court, a waiting lounge, and a location for local products. Also Read 3,000 km roads; 9 bridges to be constructed by Odisha Govt in 2023-24 Power plants in Delhi fails to adhere to biomass co-firing policy

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement