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Harshal Parmar

11th Aug 2025 · SEBI-Registered Analyst

“Mega Infrastructure Alert: New Delhi Station Gets ₹2,196 Cr Facelift!”

HGINFRA
🚉 Project Overview - Contract Value: ₹2,195.68 crore - Scope: Redevelopment of New Delhi Railway Station and associated infrastructure - Mode: Engineering, Procurement, and Construction (EPC) - Timeline: Completion expected in 45 months 🤝 Joint Venture Details - Partners: HG Infra Engineering Ltd (49%) + DEC Infrastructure (51%) - Status: Declared L1 bidder by the Rail Land Development Authority (RLDA) 🌆 Redevelopment Highlights - Two new Linear Station Buildings at Ajmeri Gate and Paharganj - Integrated multi-modal connectivity: Metro, Airport Express, DTC buses - Based on Transit-Oriented Development (TOD) principles - Includes commercial and residential components with 1.2 million sqm Floor Space Index This project is part of the Amrit Bharat Station Scheme, aiming to modernize key railway hubs across India.

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