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    Published On : Tue, Feb 27th, 2018
    Latest News / News 2 | By Nagpur Today Nagpur News

    Intermodal stations to come up in Nagpur

    India’s first two intermodal stations will come up in Nagpur and Varanasi at an estimated cost of Rs 200 crore.

    Intermodal stations (IMS) are terminal infrastructure which integrate various transportation modes such as rail, road, mass rapid transit system, bus rapid transit, inland waterways, autorickshaws, taxis and private vehicles so that people can move from one mode to another seamlessly, with minimum use of automobiles.

    Fifteen cities are being selected for development of intermodal stations, of which Nagpur and Varanasi have been selected as pilot projects. The implementation and operation of the IMS will be done by a Special Purpose Vehicle (SPV) between the ministry of road transport and highways through NHAI, railways ministry and state governments.

    “Members of the SPV will provide paid-up capital or land as part of their equity contribution to the SPV.

    NHAI will fund the construction of the terminal infrastructure including railway infrastructure, ISBT, common areas (concourse, waiting rooms, transport retail), parking and other station facilities,” a government official said.

    Railways or the state government will provide the land for construction of the IMS. Construction and operations and management will be bid out to a private concessionaire on a hybrid annuity model. The commercial development rights will be bid out on a PPP mode, post commencement of operations of the IMS.

    The returns from commercial development will be used to recover the construction costs.

    “In Indian cities, transport hubs like bus terminals, railway stations and others are located far from each other, so inter-modal transfers create pressure on the congested roads,” the official said.

    IMS are being planned in an integrated manner along with road network development through new connecting roads, bridges and flyovers.

    “The stations will cater to passenger volumes for next 30 years and will have world-class amenities like FOBs with travellators, subways, common waiting rooms, clean toilets and restrooms, integrated public information systems, modern fire-fighting and emergency response services, convenience stores,” the official said.

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