Indian Railway Station Development Corporation (IRSDC) has entered into a Tripartite Agreement with French Railways (SNCF) & AFD, a French Agency to support the Railway Station Development Program in India.
Under this agreement, AFD a French agency, has agreed to provide in-kind grant financing up to 7,00,000 EURO, through French National Railways (SNCF)-Hubs and Connexions as a Technical Partner to IRSDC to support the Railway Station Development Program in India. This will impose no financial liability on IRSDC or Indian Railways.
Speaking on this occasion, Suresh Angadi, Minister of State said, “India and France have a strong and long standing prosperous partnership in the Railway sector. French Railways (SNCF) in the past has been associated with Indian Railways in conducting speed upgradation study for Delhi-Chandigarh section and station development of Ludhiana & Ambala stations. I am sure that this effort will go a long way in further strengthening Indo-French cooperation and will help Indian Railways in positioning its stations to world class standards.”
IRSDC is a special purpose vehicle set up to develop/ re-develop the existing/new railway station (s) including upgrading the level of passenger amenities by new constructions/renovations. IRSDC, a joint venture between Rail Land Development Authority (RLDA) and Ircon International Ltd, also undertakes re-development of the station buildings, platform surfaces, circulating area, etc., to better standards so as to serve the need of the passengers. IRSDC is presently engaged in transforming many railway stations into world-class standard. The list of such railway stations include, Habibganj, Gandhi Nagar, Chandigarh, Anand Vihar, Baiyyappanahalli, Surat, Shivaji Nagar, Sabarmati, Kanpur, Kanpur, Bijwasa, Sabarmati, Gwalior, Nagpur, Amritsar, Thakurli, Gandhinagar (Jaipur).
SNCF is France’s state-owned railway company that operates the country’s national rail traffic. SNCF also maintains a broad scope of international business that includes work on freight lines, inter-city lines and commuter lines. SNCF experts provide logistics, design, construction, operations and maintenance services. SNCF has employees in 120 countries offering extensive overseas and cross border consulting.