MoU signed for redevelopment of railway stations -Governance Now

MoU signed for redevelopment of railway stations

Railways has chosen the PPP model and was roping in agencies to execute the project

GN Bureau | July 3, 2017

#PSU #Railway #NBCC #railway stations #Smarti Cities

An agreement was signed between Rail Land Development Authority (RLDA), an institution under Ministry of Railways, and National Building Construction Corporation (NBCC), an urban development PSU, for implementation of station redevelopment projects for 10 stations in partnership with respective Smart Cities.

Venkaiah Naidu, minister of urban development, minister of housing & poverty alleviation and minister of information & broadcasting, said that the people of the country are looking for new facilities and new changes. It is a very good idea to develop smart stations along with the smart cities. He said the PSUs of his ministry will undertake stations’ redevelopment in a professional way.

Railway minister Suresh Prabhu said that Indian Railways has taken up this ambitious program of station redevelopment in a big way and adopted multi-pronged strategy to accomplish this mammoth task.

He said we have chosen PPP model and are roping in railways’ own PSUs, other central government PSUs, foreign countries through government to government cooperation and state governments. He said that once the stations are redeveloped, the passengers will get world class facilities. He said that NBCC has now been given 10 stations in first phase for redevelopment and more stations would be given to them in subsequent phases.

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