Adani, Tata among bidders for project to revamp CSMT

Updated: 26 September, 2020 07:45 IST | Rajendra B Aklekar | Mumbai

A total of 43 prospective bidders met on Friday for the pre-bid meeting for the mega redevelopment of iconic CSMT buildings

A model of the CSMT after redevelopment
A model of the CSMT after redevelopment

The mega project for the redevelopment of the UNESCO-listed World Heritage site of Mumbai CSMT got a kick-start on Friday, with the meeting of leading developers and architects with the Niti Aayog CEO and the railway board chief.

Among the major bidders who attended the meeting were Adani Group, Tata Projects Ltd., Eldeco, GMR Group, JKB Infrastructure Pvt. Ltd, SNCF Hubs & Connexions, I Squared Capital, Kalpataru Power Transmission Ltd., Ace Urban developers, GR Infrastructure, Essel Group, Larsen & Toubro. Architectural organisations BDP Singapore, Hafeez Contractor, AECOM, fund houses Anchorage Infrastructure Investment Holdings Ltd., Brookfield and consultancy firms namely JLL, Boston Consulting Group, KPMG, PwC India, EY, and the British High Commission were also part of the meeting. Invest India, the national investment promotion and facilitation agency, also attended the meeting.

The iconic buildings, which were built at a cost of Rs 16 lakh in 1888, will be redeveloped over a century later for Rs 1,642 crore. The Indian Railways Station Development Corporation is the nodal agency for the project. The redevelopment plan intends to take Mumbai CSMT back to the 1930s and encapsulates integration of various modes to make this railway station a multimodal transport hub with segregation of arrival and departure, divyang friendly station, better level of services and restoring the heritage site. The total real estate built-up area is 25 lakh sqft at CSMT, Wadi Bunder and Byculla with a construction period of four years.

Keep scrolling to read more news

Catch up on all the latest Mumbai news, crime news, current affairs, and a complete guide from food to things to do and events across Mumbai. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

First Published: 26 September, 2020 07:45 IST

Sign up for all the latest news, top galleries and trending videos from Mid-day.com

Subscribe
loading image
This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK