Visakhapatnam Railway Station To Be Redeveloped At The Cost Of Rs 446 Crore.
Indian Railways has awarded the Visakhapatnam Railway Station redevelopment project a consortium of Braithwaite and Cognition Projects.
The passenger handling capacity of the redeveloped station will increase to 150,000 from the present capacity of 81,000 per day.
The station will be able to handle 15,000 passengers during the peak hour traffic, said a senior official of the Waltair Division involved with the work. The Waltair Division is implementing the project.
While the total sanctioned cost of the project is Rs 446.41 crore, the tender has been awarded to the consortium at Rs 388.91 crore, according to the division.
There are other upgradation works including external service, street lighting, landscaping, boundary wall involved with the redevelopment of the station which has to be carried out by the division as part of the total project, said the official.
The station will be redeveloped on engineering, procurement and construction mode, keeping the local architecture in mind.
"There will be harmonious and complementary co-existence of the railway terminal and the proposed real estate development," said the official and added, "We have adopted a self-financing model with monetisation of vacant land/air space for the project."
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