Railway board orders closure of IRSDC after shutting down IROAF

20 Oct 2021 CW Team

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

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..