The Indian Railways will soon float tenders for appointing consultants for the modernisation of railway stations at the four major metros. The consultant who would be responsible for the detailed project report will be finalized by April 2007. The consultant will also advise on the design, layout and investment for the project.

The work will start from the Delhi railway station. The project will entail an initial investment of Rs.500 crore has been chalked out. Northern Railways will be given the responsibility to carry out the task. The railways is estimated to require larger amount to carry out modernisation, estimated to be around Rs.16,000 crore for all four stations.

A special purpose vehicle might be floated for the project later. The public-private-partnership route is likely to be used for construction of elevated platforms, multi storied terminals, equipment upgradation and setting up of metro stations.