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Business News » India News

Habibganj is set to become first private railway station in India; railways awards contract to Bansal Group

In order to revamp Habibganj station in Bhopal under public-private partnership on par with international standards, Indian Railway Stations Development Corporation has awarded the contract to local firm Bansal Group for a period of eight years. 

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Habibganj is set to become first private railway station in India; railways awards contract to Bansal Group
Railway Minister Suresh Prabhu will inaugurate the redevelopment work of Habibganj station on June 9 this year. Representational Image. Image Source: Abhi Chauhan/Wikipedia
Written By: ZeeBiz WebTeam
Updated: Wed, Jun 07, 2017
03:12 pm
Mumbai , ZeeBiz WebDesk
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Highlights:

1. IRSDC has given Bansal Group a contract to revamp Habibganj station in Bhopal 

2. Railway Minister Suresh Prabhu will inaugurate the redevelopment work of Habibganj station on June 9 this year

3. The station will be converted into world-class transit hub which will have shopping stores, restaurants, eateries, etc., 

Indian Railway Stations Development Corporation (IRSDC) has announced to revamp Habibganj station located in Bhopal in Madhya Pradesh, which is set to become the first railway station to be built under public-private partnership on par with international standards, Business Today reported.

The railways has given the contract to local firm Bansal Group to build, maintain and operate the Habibganj station for eight years, it said. 

According to the report, the company has been allotted four land parcels on a 45-years lease.

ALSO READ: Indian Railways now allows you transfer your train ticket to someone else; here’s how

To revamp the Habibganj station, Rs 100 crore is being invested and the additional four land parcels will be developed into commercial spaces with a budget of Rs 350 crore, it said.  The total area adds up to 17, 245 square meters.

Railway Minister Suresh Prabhu will inaugurate the redevelopment work of Habibganj station on June 9 this year. 

The Habibganj station will be converted into a world-class transit hub which will have shopping stores, restaurants, eateries, parking lots, among others. 

The station will be powered by solar energy and it will have facilities for differently-abled people.

The transit hub at Habibganj sation is said to be designed in such a manner that, in case of an emergency, passengers can evacuate the area within four minutes, cited the report.

Moreover, the Indian Railway Stations Development Corporation (IRSDC) is set to revamp stations like Anand Vihar, Brijwasan, Chandigarh, Gandhinagar and Shivaji Nagar station in Pune, the report said. 

ALSO READ: Lower Berth on Indian Railways may get expensive to book 

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TAGS:
HabibganjEconomyHabibganj stationSuresh PrabhuIndian Railway Stations Development CorporationBansal groupIRSDCPune
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