New Delhi, Dec 4 (IANS): The Rail Land Development Authority will redevelop Panipat railway station in line with global standards and offer state-of-art amenities to the commuters and it will be under a Public-Private Partnership model (PPP), an RLDA statement said.

It will include the conversion of existing double-storeyed railway colony into multi-storey buildings and spare vacant land will be given to developers for commercial development.

According to RLDA officials, the objective of the re-development is to upgrade it in line with global standards and offer state-of-art amenities for the convenience of commuters.

Panipat Junction railway station which comes under the Northern Railway is a major junction in Delhi-NCR area and serves the industrial town of Panipat.

The station has stoppage of 118 trains with a daily passenger footfall of 40,000. It is a category 'A' station with five platforms.

"Panipat railway station serves the historic and industrial town of Panipat. The project aims to upgrade it without diluting its historical significance. The development will bolster real estate prospects and start a wave of modern development around this area to create a win-win situation for all the stake holders," Ved Parkash Dudeja, Vice-Chairman of RLDA said.

RLDA has engaged Delhi Integrated Multi-Modal Transit System Ltd (DIMTS), a Joint Venture of Government of National Capital Territory of Delhi and IDFC Foundation for conducting a feasibility study, detailed master planning, urban designing, engineering and preparation of detailed project report (DPR) for the project.

Dudeja inspected the railway station and its surrounding area alongwith officials of RLDA, DIMTS and Northern railway officials.

The RFQ/RFP for the project is expected to be floated in next six months in which all the parameters for the redevelopment be made available to the developers.

The RLDA is currently working on 62 stations in a phased manner while its subsidiary, IRSDC has taken up another 61 stations.