After the success of Delhi Metro, India seems to be going the whole hog in the race to make metros for all the big cities. Bombay has already started the construction and its been awarded to the Anil Ambani’s Reliance Energy group. Bangalore, Chennai, Hyderabad are in various stages of bidding and planning. Come 2012, we would be witnessing spanking, state of the art transport infrastructure all over India. Hopefully, more and more people will use the metro and other forms of public transport so that we can reduce our consumption of Oil and related products.
Financial bids for the Rs 9,696-crore elevated Hyderabad Metro Rail will be opened on June 20 and the consortia seeking the least financial support from central and state governments will be awarded the contract. The Hyderabad Metro Rail managing director, Mr N.V.S. Reddy, said the central government and state government have agreed to fund up to 40 per cent of the project cost. But, the consortia quoting to take least financial support from the governments will win the rights to execute the project, he added.
Works on all the three proposed corridors of metro rail will be taken up from August this year, and the target to run the first service is 2012 end.
In fray for one of the largest metro rail projects being taken up under Public Private Partnership (PPP) are five selected national-international consortia, which have already qualified in technical bids. They are:
1. Essar Constructions (ECL), SREI (Kolkata), Singapore MRT, SEC and STE of Singapore.
2. Magna Allmore (Malaysia), Siemens (Germany), Emirates Trading Agency (ETA — Dubai) and Nagarjuna Constructions (NCC).
3. Reliance Energy (Anil Ambani group) and Bombardier (Canada).
4. GVK, Gammons, Alstom (France) and IDFC
5. Navabharat, Maytas, Ital Thai (ITD — Thailand), IL and FS.
Above news courtesy: Deccan Chronicle