Railways to invite PE, pension fund players for Rs 1-trillion station redevelopment plan: Report


Railways to invite PE, pension fund players for Rs 1-trillion station redevelopment plan: Report

Private equity (PE) players and pension funds may enter the government’s ambitious Rs 1-trillion railway stations redevelopment programme, Business Standard reports.

A senior official told the paper that the Indian Railway Stations Development Corporation (IRSDC), the nodal agency for station redevelopment in India, is looking to invite for expressions of interest (EoIs) for the redevelopment project by August.

Moneycontrol could not independently verify the story. The investor will get to choose a pool of 10 stations from IRDSC’s list of 20 high-potential stations Read More

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