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GOVERNMENT OF INDIA

MINISTRY OF RAILWAYS
(RAILWAY BOARD)

No. 2022/SD-II/22/01/3 New Delhi, date. - . .2023

General Managers
All Zonal Railways

Sub: Appointment of Transaction Advisors/Financial Consultant for Station Redevelopment


Projects on PPP Mode
Ref: 1. Department of Economic Affairs, Ministry of Finance letter F. No. 2/3/2021-PPP dated
01.07.2022

Railway Board has decided to develop/redevelop certain number of railway stations across Indian
Railways through PPP mode.

The Master Plans of these stations are being prepared by RLDA/Zonal Railways. Zonal
Railways are advised to engage Transaction Advisors/Financial Consultant parallel to
Architectural/Technical Consultant Financial Advisory Services like preparation of a Financial
Proposal including Public Private Partnership Appraisal Committee (PPPAC) Proposal, Business Plan,
Bid Documents and for assisting Railways in the Bidding Process etc.
For the purpose of procuring transaction advisors for PPP projects, Department of Economic
Affairs, Ministry of Finance has already done empanelment of Transaction Advisors in July 2022.
Zonal Railways may adopt these Panel of Transaction Advisors for engaging Transaction
Advisors/Financial Consultant through Limited Tenders for their respective Stations by following the
guidelines given in Manual for use of panel which may be accessed from the link below;
https://www.pppinindia.gov.in/documents/20181/27456/
Tender+for+Empanelment+of+Transaction+Adviser+for+PPP+projects/786148f2-3f93-493c-b4d4-
a7c379f1420b

Request For Proposal Document (RFP) covering the Project Requirements, Specific Terms of
Reference (TOR) for the Assignment, appropriate eligibility criteria for bidders, team composition,
qualification and experience etc required for each project shall be prepared and may be approved by
PHOD of concerned in consultation with Associate Finance. For guidance, RLDA RFP document may
be referred and suitably modified and published for bidding.

(Rakesh Choudhary)
Executive Director (Station Dev & Transf.)
Railway Board
Mob. 9717643650
Email: edsdtrsf@rb.railnet.gov.in

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