Station Redevelopment on ‘as-is-where-is’ basis by leveraging Real Estate space at A1/A Category Stations: MOSR

NEW DELHI: Indian Railways has advertised its plan to offer ‘A-1’ and ‘A’ category stations on ‘as is where is’ basis for redevelopment by inviting proposals from interested parties with their designs and business ideas. The entire cost of station redevelopment is to be met by leveraging commercial development of land and air space in and around the station.

A large number of Foreign Railways have shown keen interest in the stations redevelopment program and an agreement has been signed with the French Railway (SNCF) for joint study on Renovation Concept Design of Ambala and Ludhiana stations. Korean railway has also expressed interest in the redevelopment of New Delhi Station. Governments of Belgium, Germany, China and UK have also expressed interest in the program of station redevelopment.

No, Madam. Since Railways is taking up Station Redevelopment in a big way (about 400 ‘A-1’ & ‘A’ category stations), cooperation with foreign countries/companies does not pose any problem to indigenous companies/firms. The companies/firms can also partner with foreign companies for adapting best International practices and technology transfer. All the station redevelopment is through open bidding process only.

The facilities proposed in a redeveloped station include congestion-free non-conflicting entry/exit to the station premises, segregation of arrival/departure of passengers, adequate concourse without overcrowding, integration of both sides of the city wherever feasible, integration with other modes of transport systems e.g. Bus, Metro, etc., user friendly international signage, well illuminated circulating area and sufficient provision for drop off, pick up and parking etc.

The cost of station redevelopment is to be met by leveraging commercial development of vacant land/air space in and around the station. Therefore, railway funds are not required for station redevelopment projects. Such projects shall generally be cost neutral to Railways.

This Press Release is based on the information given by the Minister of State for Railways Shri Rajen Gohain in a written reply to a question in Lok Sabha on 19.07.2017 (Wednesday).