State-owned construction major NBCC (India) Ltd, on Friday announced a partnership with the Rail Land Development Authority (RLDA), a statutory authority under the Ministry of Railways, for renewal of a total of ten railway stations in the country including Ernakulam in Kerala.

“NBCC and RLDA have signed an MoU for re-development of 10 railway stations – Tirupati, Pudducherry, Ernakulam, Nellore, Madgaon, Thane, Lucknow, Kota, Gomati Nagar (Lucknow) and Sarai Rohilla (Delhi),” the company said in a statement. According to the statement, the re-development of railway station would be integrated with Smart City features.

Further, the project would be developed on a self-sustainable finance model through commercial exploitation of vacant railways land. Commercial built up space having business centre, offices, F&B courts, restaurants, hotels, retails, IT/ITeS and air space over tracks will be leased out to generate funds for development of stations, the company said.

“NBCC as a Project Management Consultant would implement the project from concept to commissioning involving techno-economic viability study, feasibility, design, drawing, marketing, leasing out of built-up space etc. NBCC will get a fee towards PMC and marketing,” it added.

Based in Delhi, NBCC is engaged in execution of civil engineering projects, rendering of consultancy services and development of real estate projects.

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