The Indian government is planning to spend Rs 5,000 crore in a bid to revamp ten railway stations with airport-like facilities by 2020.
This project to redevelop the stations will be carried out under a self-reliant model through land monetisation by the state-run NBCC. The selected stations for the project are — Delhi Sarai Rohilla, Lucknow, Gomti Nagar, Kota, Tirupati, Nellore, Ernakulam, Puducherry, Madgaon and Thane, the Economic Times reported.
“The redevelopment work will start at a few stations by December-end or early next year. The concept designs are already being worked out,” said NBCC chairman A K Mittal.
“We’re targeting completion in two to two-and-a-half years. The monetisation would be done through commercial exploitation of land that the Indian Railways provides,” he added.
Initially NBCC will start by redeveloping the core infrastructure like platform, lounges, ticketing counters, parking and other facilities. Besides this, it will also build separate arrival and departure terminals on the lines of airports. Read More…
Latest posts by ibtimes (see all)
- US Shale Boom Could Force OPEC To Take Action: Here’s How India Can Benefit - February 14, 2018
- Plan Your Train Journey In Advance, Get Cheaper Fares: Railway Panel - January 19, 2018
- Kacheguda Becomes India’s 1st Energy Efficient Railway Station - December 15, 2017