Railway Stations Development Corporation Limited (IRSDC) has shortlisted nine bidders for the redevelopment of Mumbai's Chhatrapati Shivaji Maharaj Terminus Railway Station (CSMT). "The bidders were shortlisted by IRSDC after evaluation of the RFQ (Request for Quotation) applications", as per the official release. As the next step, Request for Proposal (RFP) will be called by IRSDC from all nine shortlisted bidders. Talking about the bidding procedure, the Managing Director and CEO of IRSDC, S K Lohia said that nine firms have qualified the RFQ stage for the redevelopment of CSMT station.

IRSDC will float a Request for Proposal (RFP) soon to the qualified bidders. "CSMT railway station redevelopment is one of our most ambitious projects and we at IRSDC are committed to transform the CSMT railway station into a state of the art transport hub", he said. It is notable that IRSDC invited RFQ in August, 2020 after 'in principle' approval of Public-Private Partnership Appraisal Committee (PPPAC) to redevelop CSMT Railway station and transform it into an iconic city center.