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
