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EMPLOYEE NEWS CENTER

STATION MASTERS NEWS

Ddevelopment As World Class Station

Fifty railway stations have been identified for development as world class station through innovative financing and in public private partnership (PPP) mode by leveraging real estate potential of the and around and the air space above the station.

Bidding process for world class station in PPP mode is initiated after Master Plan and Feasibility Report is prepared and in-principle approval of local bodies is obtained. Consultancy works for preparation of Master Plan and Feasibility Report had been taken up for New Delhi, CST Mumbai and Patna. Due to high cost of these projects, not much headway could be made. Action has also been initiated for appointment of Consultants for Secunderabad, Howrah, Anand Vihar (Ph. II), Chandigarh, Bijwasan, Kolkata, Porbandar, Surat, Ahmedabad, Sealdah and Chennai Central. For other stations, preliminary activities are being taken up by the Zonal Railways.
Work at site shall commence after award of concession and financial closure is achieved by the concessionaire. The completion of project is likely to take 5-6 years due to complexity and necessity to undertake the work while keeping the station operational.
This information was given by the Minister of State for Railways Shri K. H. Muniyappa in written reply to a question in Lok Sabha today.

Spource - PIB

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