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IRSDC Floats Rs 465 crore Tender for Redevelopment of Nagpur Railway Station

The Indian Railways Station Development Corporation Limited (IRSDCL), which has been entrusted with redeveloping railway stations across the country, has floated tenders for redevelopment of Nagpur station at a cost of Rs 465 crore.

“Applications have been invited from private parties for request for qualification (RFQ). IRSDCL intends to pre-qualify and shortlist suitable bidders eligible for participation in the bid stage for awarding the project through an open competitive process. The last date to receive bids is February 6,” said IRSDCL officials.

Of the Rs 465 crore indicative project cost, Rs 361.50 crore will be towards construction. Of the total land area of over 5.50 lakh sq m, built up area for commercial monetization will 20 lakh sq ft. Lease rights to the end users will be up to 99 years.

The concessionaire shall, in consideration of its investment and services, be entitled to levy and collect a pre-determined user fee for specified station facilities, recover charges for use of specified spaces and services within the station, and undertake development and commercial exploitation of station estate in accordance with the provisions of the concession agreement.

“If all goes well by year-end final contract will be awarded and work will start early next year. The broad scope of the work involves developing the station within three years from the effective date, and the commercial development within eight years of signing the agreement,” they said.

The developer will design and develop infrastructure by dismantling existing structures on the land forming part of the station. This shall also integrate all public transport modes such as city bus, state regional bus service, metro rail, railways and intermediate public transport modes such as auto-rickshaw and taxis.

The project envisages provision of central concourse as passenger departure and holding area, providing seamless interconnectivity to railway platforms, proposed metro, parking zones etc. The plan at request for qualification (RFQ) stage has been prepared by French architect ENIA.

Development of facilities to handle over 2.20 lakh passengers, retail zones, parking of over 114 four-wheelers and 1,000 two wheelers, 24 lifts and 16 escalators to ease passenger movement are some of the features of the station redevelopment.

“This is the best opportunity to work with the railways. We are hopeful to get some local party and if not, there are outsiders who have shown keen interest in Nagpur. Developers can also form a consortium to bid for the project. The conditions are very transparent and IRSDCL will help get all the sanctions,” said officials.