$680 million project in progress to redevelop New Delhi station

NEW DELHI: The work of the redevelopment of New Delhi Railway Station is progressing at full blast with the Railway Land Development Authority organising virtual road shows for global stakeholders to involve them in various aspects of the project.

Infrastructure majors such as Adani, GrandhiMallikarjuna Rao, JKB INFRASTRUCTURE PRIVATE LIMITED, French National Railway Company (SNCF), Arabian Construction Company and Anchorage, had taken part in the project’s pre-bid meeting held in September 2020. According to the Railways, the plan is going to involve a $680 million investment and is expected to be completed in four years after the work is awarded.

The New Delhi Railway Station is planned to be based on the Design-Build Finance Operate Transfer model, in which the private party will get the lease of the station building for 60 years.