Question : INDIAN RAILWAY STATIONS DEVELOPMENT CORPORATION LTD



(a) the present status of functioning of the Indian Railway Stations Development Corporation Limited (IRSDC);

(b) the details of major responsibilities assigned to the IRSDC; and

(c) the progress made so far in discharging of responsibilities by the IRSDC ?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF RAILWAYS (SHRI ADHIR RANJAN CHOWDHURY)

(a) Indian Railway Stations Development Corporation Ltd. has been incorporated under Companies’ Act 1956 on 12-04-2012 and has received certificate for commencement of business from Registrar of Companies on 09-05-2012. The Corporation has begun its work with minimum staff.

(b) Five stations viz. Anand Vihar (Delhi), Bijwasan (Delhi), Chandigarh, Habibganj (Bhopal) and Shivaji Nagar (Pune) have been entrusted for redevelopment to Indian Railway Stations Development Corporation Ltd. These are planned for development with private sector participation by leveraging the commercial potential of land and air space around the station subject to techno-economic feasibility studies.

(c) Contracts for Architectural Consultancy for four stations have been awarded and the fifth is under finalization. Tender for financial and bid advisory consultant for these stations is also under finalization.