axykno
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axykno capital services ltd. , nagpur, maharahstra, india. 292 likes. axykno is an end to end consulting powerhouse in sectors natural resources, energy ,
prior to joining axykno was leading the regulatory arm of a global it major .
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directors of axykno capital services private limited are naresh nautiyal, vishwanath iyer, ramakrishnan raman, .
axykno is bringing india inc closer through project planning and management in rail, road and transportation .
learn about working at axykno capital services pvt ltd. join linkedin today for free. see who you know at axykno capital services pvt ltd, leverage your professional network, and get hired .
pioneering advisory by axykno has secured india inc with 10 billion tones of natural resources for fuel security .
axykno is advising more than 16 + gw power projects, committing itself to the energy security of india inc .
axykno financial centre, leela vista, 3rd level w. h. c. road bajaj nagar nagpur mh 440010 in
axykno is bridging the infrastructure needs by offering an end - to - end advisory through innovative and interfaced delivery model .
axykno offers end - to - end support in clean energy for growth of india inc for a green earth tomorrow .
axykno capital services pvt ltd is an investment bank and project advisory company based in india. headquartered in nagpur india and having its operations in
c / o m / s axykno capital services ltd. , level 3 leela vista building whc road, bajaj nagar nagpur nagpur mh 440010 in
axykno capital services private limited' s corporate identification number is (cin) u74920mh2006ptc158731 and its registration number is 158731. its email address is admin @ urltoken and its registered address is axykno financial centre, level 3, leela vista west high court road, bajaj nagar nagpur mh 440010 in, -, .
. m / s axykno capital services, headed by chartered accountant r ramakrishnan, provided the consultancy on forming a public - private partnership model to msmc .
axykno capital is an investment bank that provides independent advice on mergers and acquisitions and capital raising, as well as capital restructuring services to corporations, partnerships, institutions and individuals axykno capital combines superior execution capabilities, meticulous research, extensive transaction experience and a network of global partnerships to help our clients close transaction across geographies and ib products including merger & acquisition advisory, private equity placement and debt syndication. axykno has successfully demonstrated its ability to provide end - to - end client support across the value chain .
before joining axykno, served in various leadership positions including being a ceo of jv company of essar & hindalco and a ceo of a jv company form by four govt. owned undertakings
the firm says it got the msmc contract through an open tender. the axykno officials stressed that it was their firm which introduced the whole concept of competitive bidding in coal mining which was adopted by msmc and other similar organizations .
axykno capital services private limited' s annual general meeting (agm) was last held on 30 september 2016 and as per records from ministry of corporate affairs (mca), its balance sheet was last filed on 31 march 2016 .
an axykno official said, on the other hand, that cbi officials had contacted the firm saying that they may be questioned later on if any clarification was needed. however, they did not turn up after that, he claimed .
the consultant axykno was in the limelight when the coalgate controversy erupted for having bagged consultancy contracts from as many as 20 government agencies, where it introduced a similar joint venture model with private parties. msmc also struck similar jvs with adani and
“axykno pioneered and introduced a transparent bidding system in more than 14 government undertakings, bringing the best value to these agencies way back in 2007. it has been a policy change agent, bringing good governance in government, ” said an official from this firm through sms .
continuing its probe into the coalgate affair, central bureau of investigation (cbi) on tuesday grilled officials of state government company maharashtra state mining corporation (msmc), promoters of city - based sunil hi - tech company, and m / s axykno capital services, a consultancy firm also from nagpur .
officials in both sunil hi - tech and axykno confirmed an inquiry by the cbi. a senior official in sunil hi - tech said, “though basically the probe was concerned with allotment of coal block to msmc, cbi was keen on understanding the process through which our company got the mining contract. ”
get top management, md, ceo, hr manager contact details with email id of axykno capital services pvt ltd in nagpur. address, contact numbers, contact details of cio, chief finance officer cfo, hr head, sales head, purchase head, admin head, marketing head or manager also available .
axykno capital services private limited is a private incorporated on 09 january 2006. it is classified as non - govt company and is registered at registrar of companies, mumbai. its authorized share capital is rs. 20, 000, 000 and its paid up capital is rs. 20, 000, 000. it is inolved in business activities n. e. c .
presently associated with axykno capital services as avp - invesment banking. origination and execution involved across the life cycle of m & a; & capital raise transactions. key transactions handled: buy side advisory for nmdc for acquisition of wonarah deposit australia acquisition 100% stake in jmsil sugar by nsl - july 2011 mahindra forgings qip inr 1750 mn - march 2010 rights issue rio tinto usd 15. 2 bn - july 2009
xykno is advising government corporations and private organizations across india on structuring the infrastructure projects across urban infrastructure, transport facilities, tourism planning & infrastructure development and agri business domain. axykno has infrastructure experts including engineers, architectures, planning experts, financial experts, legal experts which gives an unique advantage for undertaking project development and achieving successful completion of the project in a given time frame. we are currently advising and implementing major projects in ppp for government corporations and city development & sanitation plan for 22 cities in india. service offerings
a decision in this regard will be taken after discussion in general body meeting of nmc next week. already, nmc standing committee has appointed m / s axykno capital services to prepare detailed project report on the proposed university. however, prior to finalising the plan, nmc wants discussion to be held on various aspects and to take informed policy decision. hence, the matter has been listed on agenda for the general body meeting. there are various options available to nmc — nmc should itself create infrastructure for the proposed skill development university and management centre, opt for private participation, or call for proposal from public sector institute of national or international repute .
msmc, for example, bagged three coal blocks during this period. however, instead of extracting coal on its own through an mdo, msmc signed jvs with three private companies: lanco, sunil hi - tech and gupta coal. the private player holds 49% in a jv, msmc the rest. however, msmc does not invest anything towards its 51% , and holds it in the form of sweat equity. “this is a superior structure (for the government), ” says r ramakrishnan, ceo of axykno, a nagpurbased mining consultancy that claims to have formulated this model. “it ensures more benefits to the government in terms of equity, upfront money through bidding, and better control and ownership. ”
) have set the ball rolling for the development of multi modal transportation hub (mmth) at surat railway station .
) headquarter at churchgate on tuesday between the officials of the railways, gsrtc and the smc and 12 potential bidders of the work .
irsdc ceo sanjeev kumar lohia presented the proposed plan and termed it as the best investment opportunity for the national and international bidders .
the second series of consultation process on second pre - application conference will be held in surat at the surat municipal corporation (smc) headquarters at mughalsarai on may 13 .
project will be implemented under a joint venture special purpose vehicle (spv), which is proposed to be created for the benefit of the common man .
the components of the project include redevelopment of railway station, re - development of gsrtc bus terminal, providing east - sest road connectivity, development of common facilities and commercials along the project integration connectivity and operations & maintenance of railway station & bus terminal .
this is the first of its kind of infrastructure development where all the three levels of government i. e. central (railways), state (gsrtc) and urban local body (smc) are forming a joint venture and pooling their land to integrate different modes of transport i. e. rail, city bus, long distance bus services, auto, taxi and private vehicles etc. for the maximum convenience of the passengers through seamless connectivity across all modes and provide international experience of travel comfort .
conceptual master plan of the proposed development has been agreed and all parties have agreed in principle to pool in their land for the integrated development of the mmth. irsdc on behalf of the proposed spv has invited
expression of interest
from interested developers and operators to firm up the eligibility criteria for the further bidding process .
official sources said that notices have been circulated to almost all the leading developers in india and indian embassies have been approached to give wide publicity for the project so that the participation from the foreign bidders is also facilitated .
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r ramakrishnan was a reasonably known chartered accountant when he set up the a' xykno capital services ltd in 2006 .
nagpur: r ramakrishnan was a reasonably known chartered accountant when he set up the a' xykno capital services ltd in 2006. that was also the year when 52 blocks were allocated by union ministry of coal (moc), followed by 51 in the next year. suddenly, the company became an expert on coal and today boasts of a clientele of state - run corporations from maharashtra, madhya pradesh, chhattisgarh, tamil nadu and gujarat .
in one its presentations that toi gleaned off the net, a' xykno claims to have' relationships' with 24 governments and 22 private companies. the co was the advising and implementing agency for 30 coal blocks with geological reserves of 8 billion tones. it also claims to handle projects aggregating to a mind - boggling rs 1 lakh crore in a short span of six years. to put the amount in perspective, the coalgate scam as projected by cag is rs 1. 86 lakh crore .
the city - based a' xykno came into the news when cag estimated that the chhattisgarh mining development corporation (cmdc) had incurred a loss of rs 1054 crore on a single coal block. according to cag, the bjp mp ajay sancheti - run sms infrastructure limited, another company headquartered in nagpur, was the company that was favoured .
advice from a' xykno saw loss - making state mining corporations making huge profits. in the process, the company too is estimated to have made a windfall .
a' xykno capital services ltd has its sprawling office on the 3 { + r } { + d } floor of an upscale leela vista building on bajaj nagar square. ramakrishnan set up the company along with his elder brother r vishwanath iyer. interestingly, former ias officer dr kamal taori was one of the directors of a' xykno .
the exact year when taori was director could not be ascertained. taori is also a former member of planning commission and former director general of council for advancement of people' s action and rural technology (capart) which comes under the union ministry of rural development. taori' s present status in a' xykno could not be ascertained .
data from a' xykno' s website and information from state - owned companies reveal that it initiated the ppp model in the country in captive coal blocks sector. the company' s expertise became so well - known that the maharashtra state mining corporation (msmc) engaged it in first securing blocks from the ministry of coal and then marketing it. soon, smc' s of two bjp - ruled states - madhya pradesh state mining corporation (mpsmc) and chhattisgarh mining development corporation (cmdc) - too had engaged a' xykno .
actually, the company advised smcs to do what the coal ministry could and should have done, and what several private allottees have also done: simply sell the blocks with them to the highest bidder. smcs then get an upfront amount which depends on the geological reserves. the private companies would then mine the coal and split revenues with smcs. left unsaid is the fact the money pocketed by smcs, which were all loss - making because of their inefficiencies, and private allottees that sold their blocks could have come to central government coffers .
msmc made rs 205 crore on the a' xykno' s model from just two blocks. it could have been double had on the four allocated blocks not fallen in the buffer area of tadoba andhari tiger reserve. once coal production would begin, the smcs would stand to gain a few hundred crores more. the msmc had suddenly made profits enough to buy a rs 17 crore commercial building to set up its office in the city .
according to the a' xykno model, private companies would have to execute all works like acquisition of land, clearances, overburden removal and coal excavation .
a' xykno was also engaged by a joint venture of msmc and tamil nadu electricity board (tneb), chhattisgarh state power generation company ltd, and mpsmc' s sixth block for auctioning. the financial model was same but with minor changes due to different nature in allocation .
ramakrishnan' s company was then selected by the smc of a third bjp - ruled state, gujarat, for auctioning its one block. however, the process could not be completed due to the block coming in an environmental no - go zone. the firm moved to jharkhand and orissa too but could not achieve success there. company sources insist some transactions are on the anvil in these states too .
nagpur: deflecting all controversies, r ramakrishnan, the brain behind a' xykno, says the city should be proud that the company has its head office in the city .
i have nothing to do with the ajay sancheti controversy as my work was just to advise and complete the bidding process. it was the chhattisgarh government' s responsibility to select a bidder and enter into a joint venture ,
he said .
ramakrishnan claimed that the company had a
team of 100 talented experts
from every field
including ex - ias officers
.
a' xykno is a limited company with three independent and two promoter directors. our business is spread in many states, and we have offices in new delhi, mumbai, pune and thiruvananthapuram ,
he said without revealing its financial and administrative set - up .
on his ppp model which fetched smcs huge money, ramakrishnan said ,
smcs do not have the funds and the technical staff. they also do not have expertise in coal mining. the model prepared by us not only benefited the smcs but also attracted some experienced private companies ,
he claimed that the model was praised by the central mine planning and design institute limited .
the planning commission wants us to make a presentation of our model ,
said ramakrishnan .
abdul kalam, the former chairman - cum - managing director of eastern coalfields ltd which is coal india limited subsidiary, is among the company' s board of advisers according to a presentation. kalam is also former director (technical) of cil. there are some more retired senior government and psu officials associated with a' xykno including naresh nautiyal, an official from mineral exploration corporation ltd .
after the success of a' xykno, ramakrishnan registered another company - a' xykno green earth private ltd in 2007. ramakrishnan' s elder brother r vishwanath iyer looks after it. ramakrishnan has also registered six other companies between 2008 and 2011 .
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surat: the construction work for a modern railway station complex with multi modal transport hub (mmth) will begin in the city in 2017 .
for the construction of rs 5, 000 crore modern railway station complex with mmth in surat in this financial year itself .
( smc), was represented by its chief executive officer sanjeev kumar lohia and chief operation officer parag verma in the discussions. wanda group is reportedly china' s largest commercial property company and world' s largest cinema chain operator. recently, the group concluded a contract of $ 10 billion for building' wanda industrial new city' in haryana .
we are working towards awarding the contract for the redevelopment of surat railway station and development of mmth by this financial year ,
said irsdc ceo sanjeev kumar lohia in a twitter reply. around 28 national and international companies like l & t; , wanda group, arup, raheja builders, ilfs, tata realty, shaporji palonji, hector capital, jindal steels and schneider electric had shown interest in developing surat railway station during two successive pre - application conferences held in surat and mumbai in 2016 .
for the first time in surat city, under this project five iconic 61 floor towers would be developed on 2. 64 lakh square meter of land belonging to indian railways, gsrtc and smc for which 100 per cent fdi would be allowed. redevelopment of existing 1. 66 lakh square meter of railway station land would also take place. the lease period for the contractor has been increased from 45 years to 90 years. smc on its part will provide 4 floor space index without any charge to a developer for development .
the redeveloped railway station would have seven platforms and it will be a multi model transportation hub ,
lohia said .
the new railway station and mmth would be having a seamless interchange facility. passengers would be able to interchange from one mode of transport to other easily. the mmth would integrate brts, city bus, metro, high speed rail corridor, private transport, public transport, gsrtc and indian railways .
said ,
our vision is to make this structure surat' s identity .
the project was pushed by prime minister' s office .
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prime minister narendra modi on monday chaired a meeting with key officials in the railways and roads sectors where he asked the indian railways to increase the pace of implementation of its station redevelopment programme .
he also highlighted the need for more private investment to be brought in the roads sector. “the prime minister stressed upon the need to speed up the redevelopment of railway stations, and urged the railways to substantially raise its level of ambition in this regard. he emphasised the need for the railways to upgrade and diversify the uses of its ...
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nagpur: ten years after the state government announced setting up of an international level zoo at gorewada, the bjp - shiv sena government achieved the first milestone on thursday by commissioning the day and night jungle safari and hi - tech rescue centre to treat wild animals .
gorewada zoo project was announced on december 12, 2005. however, the actual process to set it up started only in 2011, and permissions for zoo master plan and rescue centre from central zoo authority (cza) and supreme court were obtained in 2014 and 2015 .
the 14km jungle safari, which is a part of the rs451 crore gorewada zoo project, will prove to be an attraction for city’s nature and forest lovers. the safari was formally inaugurated by chief minister devendra fadnavis in the presence of forest minister sudhir mungantiwar and a battery of senior ias and ifs officials .
the safari will be open in three shifts, from 6 to 10am, 3 to 6pm and from 6pm to 10pm. for morning trips, rs200 per vehicle will be charged while for night safari tourists will have to shell out rs300. this doesn’t include the rs100 towards guide fee. fdcm has roped in 15 youths as guides from surrounding villages like mahurzari, fetri and gorewada. since open gypsies are not available yet, visitors will have to enjoy safari in their vehicles .
officials of forest development corporation of maharashtra (fdcm), which is implementing the zoo project, claimed this is perhaps the first day and night jungle safari right inside the city. there are three leopards, many chitals, sambars and nilgais, reptiles and peacocks in gorewada forest. besides, a variety of bird species can be sighted. however, sighting of leopards is very rare .
toi was the first to report on april 4, 2014, about fdcm plans to start a jungle safari but the proposal was mired in red tape. even now, the zoo project doesn’t have clearance under the forest (conservation) act 1980 .
“it is a welcome step but it is surprising that it took so many years for the officials to start a simple jungle safari. had it been done a few years ago, lot of money and enthusiasm would have been generated among people about the project. besides, the safari would have generated a lot of direct and indirect employment, ” said biodiversity expert dilip chinchmalatpure, who wants the zoo project to be expedited .
“the jungle safari will be a unique experience. people see forest on both sides of katol road, but they have never explored it from inside. it has beautiful backwaters of gorewada lake. a safari within the city is itself an adventure. opening of the forest for tourists will also check illicit felling and grazing, which is rampant in gorewada, ” said himanshu bagde, a regular visitor to various parks .
fadnavis, mungantiwar and senior officials toured the entire 14km safari patch on thursday. a lot needs to be done to develop the habitat. there are three artificial water holes and five watch towers, which give a view of the entire gorewada forest .
“there is a dire need to develop meadows and solar water holes in the forest, besides planting fruit bearing and shade trees along the safari trail. it is winter and the forest has dried down, ” admitted fdcm officials .
when asked about the compound wall blocking free movement of animals, they said that of the 28. 30km wall, 21km has been built. “but it has been observed that leopards can jump off the two - metre - high wall. last week, a top mantralaya official visiting the area sighted a chital carcass atop a tree. it must have been a leopard kill, ” they said .
“though a revised deadline of five years from 2016 - 2020 has been set to complete various attractions like indian safari, biopark, african safari etc, the jungle safari is a good start, ” said principal secretary (forest) vikas kharge .
students passing out of the varsity will provide a talent pool of professionals required for jobs in the second capital of maharashtra .
nagpur is an aviation hub and hence courses in aviation and airport logistics along with a top notch architecture centre will also be set up here, principal director of symbiosis society vidya yeravdekar said .
the pune - headquartered symbiosis international university (siu) is setting up a campus in the city for which the civic body has allotted 75 acres of land and the varsity will reserve certain number of seats for local students who will also get concession in fees .
the nagpur municipal corporation (nmc) has allotted 75 acres of land for the proposed campus at wathoda which will be the second largest siu centre, principal director of symbiosis society vidya yeravdekar said at a press meet in nagpur on friday. the society manages the siu, which provides courses in different streams ranging from law to management .
“the nagpur campus will be the second largest campus of the symbiosis after its pune campus. it will be first time in the history of symbiosis that out of the total student intake, 25 per cent seats will be reserved for nagpur - domiciled residents along with 15 per cent concession in academic fees, ” she said. “students of nagpur do not need to go to cities like pune or mumbai to seek quality education, ” she added .
the ground - breaking ceremony of the campus will be held on saturday. yeravdekar said “the nagpur campus will offer courses in management (bba - mba), law (ba llb and bba llb), design (fashion & textile), skill development in fields of health, information technology and communication. ”
students passing out of the varsity will provide a talent pool of professionals required for jobs in the second capital of maharashtra. similarly, nagpur is an aviation hub and hence courses in aviation and airport logistics along with a top notch architecture centre will also be set up here, yeravdekar said .
“in addition, the campus will not only constitute of students across india but also from afro - asian countries. this will help nagpur make a mark on the global map, ” she asserted. speaking on the occasion, municipal commissioner of nagpur shravan hardikar said, “a detailed tendering process was followed for the allotment of land, with two major conditions of 25 per cent reservation to nagpur - domiciled students and financial concession in fees to local students .
“similarly, major emphasis was given on introducing management and skill - based courses. the land for the campus has been given on lease, ” added hardikar .
staff reporter, the decision regarding making available 102 acres of land at wathoda for the proposed skill development university and management centre, is likely to be finalised in general body meeting of nagpur municipal corporation (nmc) scheduled on july 20. the said land was first acquired by nagpur improvement trust (nit) and then made available to nmc for sewerage farm. as a result, the land is in possession of nmc. the local body had proposed user change of the said land under maharashtra regional and town planning act. accordingly, the state government cleared user change. now, the land will be used for skill development university and management centre .
further, nmc is mulling over a proposal to keep the land ownership but make it available on nominal lease for 30 years with a condition for renewal of lease after that. in lieu of this, nmc may ask for keeping 25 per cent of the seats in each course to be run by the proposed university, reserved for students from nagpur city. there are various other aspects of the project that will come up for discussion during the general body meeting .
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nagpur: the road development works in city are facing hurdles in various forms with the encroachments being the major one. and when it comes widening of roads the haphazardly grown slums have been proving to be roadblocks. the live example is the 600 - metre patch connecting gitanjali talkies on central avenue to rajwada palace near gandhisagar lake. a project to widen the gitanjali talkies road to rajwada palace, which would serve as a crucial link between east nagpur and north nagpur, proposed three years ago, has hit a roadblock with the municipal corporation finding it difficult to remove the encroachments. the widening project is expected to reduce the travel time for motorists bound from south to central or north nagpur .
the project management consultant identified 40 properties needed to be acquired by the nmc for widening work at an estimated cost of rs14. 50 crore. however, of the 40 properties mentioned in the dpr, nmc would require part possession of lands from the 11 property owners, who are lease holders of state government land and the slum dwellers who reportedly encroached even a portion of nullah, which is totally covered now. nmc has already approached the district collectorate for the 458. 94 sq metre government land. but, the biggest hurdle is the slum dwellers. though illegal, an nmc official said the widening work has not been taken up as those who have encroached upon the road have a strong political support and as a result the slums have been registered as “notified slums. ” the civic body requires around rs 4. 50 crore for infrastructure development work like road widening, but after considering compensation amount of the encroachers, the cost of the project will reach rs 14. 5 crore .
the pmc had still not carried out any survey, it has suggested the nmc to keep rs 5 lakh reserved for shifting underground utilities. in fact, the slum - dwellers are not entitled to any compensation, but since they have a “notified slums” card, nmc will have to rehabilitate them, sources said .
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the multi - modal transportation hub (mmth) project at surat railway station is all set to get rolling .
surat: the multi - modal transportation hub (mmth) project at surat railway station is all set to get rolling .
sources said that irsdc, an arm of the railway ministry, is planning to give the contracts for construction of a rs 5, 000 - crore modern railway station complex with mmth at surat this financial year. irsdc had held discussion with china' s wanda group at new delhi on september 27 for the re - development of surat and gandhinagar railway stations .
( smc) for the development of mmth at surat. during the two successive pre - application conferences held in surat and mumbai in may, around 28 companies of national and international repute showed their interest in developing surat railway station .
electric, among others. for the first time in surat city, under this project, five iconic 61 - floor towers will be developed and 100% fdi will be allowed. lease period for the contractor has been hiked from 45 years to 90 years and tenders will be floated before diwali .
this makeover of surat railway station project will come up on 2. 64 lakh sq metre land belonging to railways, gsrtc and smc. apart from that, re development of existing 1. 66 lakh sq metre railway station land will also take place. the new railway station and mmth include a seamless interchange facility where passengers will be able to change from one mode of transport to other easily. it will integrate brts, city bus, metro, high - speed rail corridor, private transport, public transport like auto rickshaws, taxis and gsrtc apart from the railways .
c r paatil, mp from navsari said ,
the pre - tender meeting is scheduled to be held at gandhinagar on november 10. all stakeholders including smc, irscd, gsrtc, etc, will meet. the tender will be floated immediately after the meeting and target is to award work to competent agencies by march - 2017 .
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flamboyant buildings with airport - like facilities, helipads, and executive lounges are going to be standard fare for indian railway stations in the years to come .
train journeys in india will be a different experience altogether, with upcoming world - class stations that will do away with long entry queues, untidy waiting halls, and stinking toilets .
the station buildings will wear a swanky look with separate terminals for arrivals and departures, like the ones at airports .
while the work has started on the development of habibganj as the first world - class station, indian railways is in the process of finalising bids for other railway stations. these include surat and gandhinagar in gujarat, anand vihar and bijwasan railway stations in delhi, chandigarh, shivaji nagar in pune, and sas nagar in mohali .
a railway ministry official said consultations are being held with foreign experts to develop these stations with world - class amenities .
sources said uttar pradesh will have over 12 world - class stations - the most of any indian state .
the french railway has taken up the work of developing ambala and ludhiana as world - class stations, while the french experts have also inspected the new delhi railway station .
a railway board official said countries like japan, south korea, belgium, switzerland and austria have also shown interest in developing railway stations in india .
sources in the railway ministry said the government will spend nearly rs 100 crore to develop 400 railway stations that were announced in the railway budget .
a railway board official said the stations will be developed by creating additional space that will also be used for commercial purposes like shopping malls, multiplexes, restaurants, and offices .
“the proposed world - class stations will have three levels. the top level will be used by outbound passengers, while those arriving from trains will use subways in the basement to exit from the station building. there will be minimum passenger movement on the platforms, ” said a senior official associated with the project .
the aim is to manage crowds at the railway stations, which go up manifold during the festive rush .
habibganj station is the first railway station to be redeveloped through the public - private partnership model under the station redevelopment programme of indian railways .
the total estimated cost of station redevelopment is rs 100 crore, while an additional rs 350 crore will be spent on commercial development .
as per the plan, habibganj will have have dedicated pick - up and drop - off parking facilities for station users. parking provision for over 1, 000 vehicles has been made at the stations .
“the world - class stations will be designed as a multi modal transit hub. the stations will have adequate seating and waiting apace so as to reduce congestion. also, these stations will have multiple entry / exits for better crowd management, ” said railway spokesperson anil saxena .
“the stations will have segregated areas for passengers, commercial activities and railway officers. there will be dedicated approach roads for traffic to railway station along with municipal roads with its integration in circulating areas, ” saxena said .
in delhi, the railways have planned the overhaul of anand vihar terminal, which caters to trains bound for eastern states like bihar, jharkhand, west bengal and uttar pradesh .
apart from the creation of new facilities, the station will be integrated with anand vihar station of delhi metro and the interstate bus terminal (isbt) .
“as part of anand vihar redevelopment plan, railways will remodel the station building on the lines of the airport. the station building will be separate arrival and departure decks while there will be ample space for a hotel, restaurants, coffee shops, multiplex, retail outlets and offices. business of all sorts will be accommodated at the station building, ” officials said .
“the redevelopment plan of anand vihar is in advanced stage; bids for it will be invited soon .
the upcoming railway station at bijwasan will have ample scope for commercial development. according to the railways, the redevelopment of stations will be a major source of revenue generation, besides benefiting lakhs of passengers every day .
for commercial exploitation, the railways plans to raise multi - storey buildings on unused land and lease them out to private firms. in the year 2015 - 16, the railways posted a deficit of over rs 32, 000 crore and the initiative aims at increasing revenue generation by commercially exploiting its resources .
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axykno capital services pvt ltd is an investment bank and project advisory company based in india . headquartered in central india and having its operations in financial research , planning , engineering across various sectors . the company was initially founded as credit innovative strategies private limited ( cisil ) in 2005 and subsequently renamed as axykno capital services pvt limited
axykno capital services pvt ltd is an investment bank and project advisory company based in india. headquartered in central india and having its operations in financial research, planning, engineering across various sectors. the company was initially founded as credit innovative strategies private limited (cisil) in 2005 and subsequently renamed as axykno capital services pvt limited
axykno capital services pvt ltd is an investment bank and project advisory company based in india. headquartered in central india and having its operations in financial research, planning, engineering across various sectors. the company was initially founded as credit innovative strategies private limited (cisil) in 2005 and subsequently renamed as axykno capital services pvt limited