Nine companies interested in New Delhi railway station redevelopment PPP

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The Rail Land Development Authority (RLDA) has received nine qualifications for the New Delhi railway station redevelopment PPP project. The project includes the design, build, finance, operate, and transfer of dome-shaped terminal buildings with arrival and departure at the concourse level, two Multi-Modal Transport Hubs (MMTH) on each side of the station, a 40-floor high-rise twin towers (with hotel/offices and retail at podium), and pedestrian boulevard with high street shopping. The railway station will cover an area of 120 hectares, out of which 88 hectares are under development in phase 1.

Following are the companies which submitted the qualifications :

  1. Arabian Construction Company
  2. Adani Railways Transport Ltd
  3. BIF IV India Infrastructure Holding (DIFC) Pvt Ltd
  4. ISQ Asia Infrastructure Investments Pte Ltd
  5. Anchorage Infrastructure Investments Holdings Ltd
  6. Kalpataru Power Transmission Ltd
  7. GMR Highways Ltd
  8. Omaxe Limited
  9. Elpis Ventures Pvt Ltd

The qualifications will now undergo a technical evaluation and RFP will be floated to shortlisted companies. The estimated investment value for the project is US$ 680 million. The concession period is 60 years.

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