New Delhi Railway Station revamp: RLDA picks HG Infra JV as L1 bidder at under Rs 2,200 crore

HG Infra was declared as L-1 bidder by Rail Land Development Authority (RLDA) to develop the railway station in a joint bid with DEC Infrastructure.

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26 Aug, 2025 12:21

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EPC player HG Infra Engineering has bagged the contract to develop the New Delhi Railway Station, the company informed in an exchange filing on February 6, and the project is expected to completed in 45 months.

HG Infra was declared as L-1 bidder by Rail Land Development Authority (RLDA) to develop the railway station in a joint bid with DEC Infrastructure. The bid has come at a cost of Rs 2,195.68 crore, which is lower than the estimated project cost of Rs 2,469 crore by RLDA.

In the joint venture for the project, HG Infra has 49% stake, while DEC Infrastructure Private Limited has 51% share. The redevelopment of the station will also involve construction of associated infrastructure on Engineering, Procurement and Construction (EPC) mode.

Railway officials have said in the past that the biggest challenge in the project will be redeveloping the congested Ajmeri Gate and Paharganj areas, which fall on either side of the station. The tender for the revamp of New Delhi Railway Station has in the past been dismissed after bidders quoted much higher prices than the allotted cost, Moneycontrol reported early last year, quoting several officials who did not wish to be named.

Proposed design of the to-be redeveloped New Delhi Railway Station (NDLS), shared by the Railway Ministry in 2022.

Read More: What a revamped New Delhi Station could look like?

The plan for redevelopment of New Delhi Railway Station was for the first time proposed in 2002-03 but could not garner enough funds. The idea was again revived in 2008-09 but it ran into administrative issues at the planning stage. A PPP was attempted once more in 2021, but the bids were much higher than the estimates of Railway Land Development Authority (RLDA).

In 2022, the Railway Ministry had shared a video of the proposed revamp of the New Delhi Railway Station, which would provide enhanced passenger experience and upgraded facilities.