📋 Tender Overview
Scope: Redevelopment Of New Delhi Railway Station in Delhi.
The Rail Land Development Authority (RLDA) has Plan to revamp New Delhi station at the estimated capital expenditure of Rs 6,500 crore. The station will be transformed into a world-class, one-stop destination for retail, commercial and hospitality business. The concessionaire will earn revenues from several components including passenger handling fees collected from passengers, ticket sales, revenues from passenger facilities within the station such as retail areas, lounges, parking, advertisement spaces, and income from development and lease of commercial real estate. The developer is expected to give an annual concession fee (ACF) to the authority along with a fixed upfront premium. The development will increase tourism potential and accentuate real estate as well as investment prospects in New Delhi and surrounding regions.
RLDA will offer 30 acre for commercial development. A mix of retail, office and hospitality developments on the area near Connaught Place will help the Indian Railways in revamping the railway station. Connaught Place will have 2.5 million sq ft commercial real estate as part of the redevelopment as it will free up the sprawling piece of land. New Delhi station handles around 4.5 lakh passengers daily (around 160 -170 million passengers yearly). Moreover, the station handles 400 trains per day which are expected to further increase in future.
On April 2023, Larsen & Toubro (L&T) has emerged as the lowest bidder (L-1) for the redevelopment of the New Delhi railway station (NDRS). The bid value exceeds Rs 8,000 crore, which is significantly more than the project's estimated cost of around Rs 5,000 crore. Due to this, it may take around a month for the authorities to arrive at a final decision.
The railways intend to bid out the project in April 2023, so that the construction could begin in the coming months. The redevelopment of NDRS, which receives 4.5 lakh visitors per day, will take at least two years.
The revamped station will include two unique twin domes with four floors of 'roof plazas,' creating an additional 15 acres of space. The roof plaza will be 10 mtr above the track, and arrival and departure will be completely separated to avoid crowding. In addition, there will be a network of elevated roads around the twin domes.
On September 2022, In a good news for travellers, the Union Cabinet on Wednesday approved the Indian Railways’ proposal for the redevelopment of New Delhi Railway station
With the redevelopment, expected to be completed in 2.5 to 3.5 years, passengers will be able to enjoy facilities such as food court, waiting lounge, playing area for children, place to shop local products, proper illumination and lifts/escalators/travelators, among other facilities.
A master plan had been prepared for the smooth movement of traffic with adequate parking facilities. The station, which will make use of green building techniques with sola
