Four successful bids for New Stations Fund

Plans for a new railway £6.5 million station in Derbyshire were unveiled today by Transport Secretary Patrick McLoughlin.

The new station at Ilkeston was given the green light alongside 3 other stations in the UK after successfully applying for funding under the New Station Fund.

The fund is part of £37 billion worth of investment spent from 2014 to 2019, which will modernise the railways and provide massive benefits to both passengers and the UK economy.

Transport Secretary Patrick McLoughlin said:

Funding this new station illustrates our commitment to working with community and national partners to meet local transport needs that not only deliver real benefits to passengers but also improves the network.

This is another example of the government’s determination to transform the railways as we continue to push forward with the biggest programme of rail investment ever.

The fund, managed by Network Rail, was announced at the end of January when local authorities, train operating companies and developers were invited to bid for funding towards the construction costs of brand new stations.

The successful bids announced today are:

  • Ilkeston, Derbyshire, which will receive over £4.5 million of DfT funding towards a scheme worth over £6.5 million
  • Newcourt, Devon, where the DfT will pay for around half of the scheme expected to cost in the region of £1.5 million
  • Lea Bridge, London Borough of Waltham Forest, which will receive over £1 million towards a scheme worth in excess of £6.5 million
  • Pye Corner, Newport, which will receive over £2.5 million towards a scheme worth over £3.5 million

Scheme sponsor Derbyshire County Council will now work with Network Rail to finalise the Ilkeston station plans with the new station planned to open before the end of 2014.

Announcement of Four Successful Bids (15th May 2013)

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