Jan 18, 2017

5 Mumbai railway stations to be modernised by private players

NEW DELHI: The iconic Howrah station in Kolkata along with Mumbai Central and Chennai Central stations are among 23 identified for redevelopment by the private sector as the railways finally gets down to modernising the British-era facilities.
The maximum number of projects are expected to be in Mumbai where apart from Mumbai Central, Bandra, Borivli, Lokmanya Tilak Terminus in Kurla and Thane-which was the terminus for the first ever train in the country--are on the list.
The first private sector-driven redevelopment plan at Habibganj (near Bhopal) is expected to be flagged off by Prime Minister Narendra Modi soon, paving the way for the other projects. Sources said Bansal Construction, which will redevelop the station, has tied up for the funding which involves Rs 100 crore for redevelopment of the station and around Rs 300 crore for creation of other facilities. In addition, contracts for redevelopment of at least two stations in Delhi - Anand Vihar and Bijwasan - are expected to be finalised by March, sources told TOI.Faridabad in the National Capital Region is also on the list for redevelopment. - TOI

 

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