Railway board orders closure of IRSDC after shutting down IROAF
RAILWAYS & METRO RAIL

Railway board orders closure of IRSDC after shutting down IROAF

To rightsize the Indian Railways, the Railway Board has passed an order to shut down the Indian Railway Stations Development Corporation (ISRDC), which was set for the redevelopment of the railway stations in India.

It now became the second organisation under the Ministry of Railway to shut down the Indian Railways Organisation for Alternative Fuel (IROAF) on 7 September.

The initiative is to accept the recommendation of the Ministry of Finance, which recommended the rationalisation of the government bodies by their closure or through merging multiple organisations under various ministries.

The order passed on Monday, and the Railway Board said that the stations managed by IRSDC would be given to the respective zonal railways, and corporations will pass the documents related to all the projects for future development.

Several projects of IRSDC, set up in 2012, were included in the bidding for the redevelopment of the Chhatrapati Shivaji Terminus in Mumbai.

Recently, IRSDC has floated a tender for setting up Rail Arcade in Chandigarh and KSR Bengaluru Railway Stations. It also unveiled its plan to undertake facility management of 90 railway stations in Southern India.

According to a report prepared by the Principal Economic Advisor, Sanjeev Sanyal, it recommended merging the Rail Vikas Nigam Ltd (RVNL), which was set up for the projects related to creating and augmenting the railway infrastructure with the Indian Railway Construction Ltd (IRCON).

Image Source

To rightsize the Indian Railways, the Railway Board has passed an order to shut down the Indian Railway Stations Development Corporation (ISRDC), which was set for the redevelopment of the railway stations in India. It now became the second organisation under the Ministry of Railway to shut down the Indian Railways Organisation for Alternative Fuel (IROAF) on 7 September. The initiative is to accept the recommendation of the Ministry of Finance, which recommended the rationalisation of the government bodies by their closure or through merging multiple organisations under various ministries. The order passed on Monday, and the Railway Board said that the stations managed by IRSDC would be given to the respective zonal railways, and corporations will pass the documents related to all the projects for future development. Several projects of IRSDC, set up in 2012, were included in the bidding for the redevelopment of the Chhatrapati Shivaji Terminus in Mumbai. Recently, IRSDC has floated a tender for setting up Rail Arcade in Chandigarh and KSR Bengaluru Railway Stations. It also unveiled its plan to undertake facility management of 90 railway stations in Southern India. According to a report prepared by the Principal Economic Advisor, Sanjeev Sanyal, it recommended merging the Rail Vikas Nigam Ltd (RVNL), which was set up for the projects related to creating and augmenting the railway infrastructure with the Indian Railway Construction Ltd (IRCON). Image Source

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code