Railways launches Rs 1 lakh-cr station redevelopment programme

Railways will take up 400 A1 and A stations for redevelopment through PPP

The ministry of railways today launched the first phase of station redevelopment programme covering commercial development of 23 stations across the country, which is expected to see investments worth Rs 9,000 crore.

As part of the programme, railways will take up 400 A1 and A stations for redevelopment through public private partnership (PPP), which may see at least Rs 1 lakh crore worth of investments. The 23 stations that will be up for bidding in the first phase include Chennai Central, Ranchi, Udaipur, Indore, Yesvantpur, Bangalore Cantonment, Visakhapatnam, Howrah, Kamakhya, Faridabad, Jammu Tawi, Secunderabad, Vijayawada, Kozhikode and Bhopal.