Ministry of Railways is exploring various possibilities to develop Railway Stations under different models including Public Private Partnership (PPP) model amongst others. Chhattrapati Shivaji Maharaj Terminus (CSTM) Railway Station in Maharashtra and New Delhi Railway Station in Delhi have been identified for development under Hybrid Build operate and Transfer (HYBOT) model of Public Private Partnership mode.
A Memorandum of Understanding (MOU) has been executed between Indian Railway Station Development Coporation Limited. Gujarat State Road Transport Corporation and Surat Municipal Corporation for development of Surat Multi Modal Transportation Hub.
This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Rajya Sabha today.
