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
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Infrastructure Energy

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement