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The Rail Land Development Authority (RLDA) has invited online bids to select a developer for the redevelopment of Ernakulum Railway Station in Kochi. RLDA conducted the online pre-bid meeting on 25 January 2020 where over 15 participants including Kalpataru Group, Anchorage Infrastructure, I Squared Capital, Adani Group, GMR Group, Omaxe Group and others attended. The project involves two components -station component and commercial. The cost for the station redevelopment, which is a mandatory component, is estimated at Rs.2.29 billion. The station redevelopment component is scheduled for completion in three years. The developer will be required to carry out a comprehensive mobility plan within project land after field study to ensure free and un-obstructive movement of various modes of transport and pedestrians. The concession period is 60 years.
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