IRSDC was initially a JV between Ircon and RLDA.... IRSDC was tasked with the responsibility of

The railways have made a slew of changes in its model contract document for private players to redevelop railway stations, bringing down the concession period from the earlier 60 years to 35-40 years.In general, concession period is the span of time granted by the government to the private sector within which the private sector is responsible for the financing, construction and operation of a BOT( build, operate and transfer) project. The new draft Model Concession Agreement( MCA) prepared by th