Construction Infrastructure
Charbagh railway station redevelopment gets seven prospective bidders
Adani Railway Transport, GMR Enterprises, ISQ Asia Infrastructure Investments, and Kalpataru Power Transmission along with three other companies have expressed interest in the Charbagh railway station redevelopment project in Lucknow.
Other bidders in the request for quotation (RFQ) issued by the Rail Land Development Authority (RLDA) on March 15 included GR Infraprojects, Megha Engineering, & Infra, and Welspun Enterprise.
The last date of application was June 24. RLDA will issue a Request for Proposal (RFP) to the selected bidders.
The station will be redeveloped in two phases for Rs 556.8 crore using the Design-Build-Operate-Finance-Transfer (DBFOT) method.
The redevelopment is part of an Indian railway station redevelopment project that includes the complete development and redevelopment of Lucknow (NR) and Lucknow Junction.
The redevelopment will be done in two phases: The station and surrounding railway land will be developed for pre-approved commercial and residential development.
Phase 1 of the redevelopment is expected to cost Rs 442.5 crore over three years, while Phase 2 will cost Rs 114.3 crore over two years.
News Source: ConstructionWorld
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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