(Image source from: Tunnelsandunderground.Com)
Five Top Firms In Race To Acquire Vizag Metro:- The Hyderabad Metro Rail Project has been delayed by months which left the project get over budget. Learning from those mistakes, Amaravati Metro Rail Corporation (AMRC) is in plans to overcome all the barriers and is consulting various experts before assigning the project to top firms. The Vizag Metro Rail Project is soon set to start and the AMRC is chalking out the operating losses, budget, time period for the project.
The civil infrastructure along with the private developer will invest in the project for 35 years through operation and maintenance. Vizag Metro Rail Project will be made covering 42.55 kms in three corridors on an estimated budget of Rs 8800 crores. The first corridor project will cover 30.38 km from Gajuwaka to Kommadi and the second one covers Gurudwara Junction to Old Post Office for 5.25 kms. The third one will cover 6.91 km covering Thatichetlapalem to China Waltair. AMRC would finalize top five firms after which they would request for Quotation and will finalize the firm.
Adani Enterprises Limited, TRIL Urban Transport Private Limited (TATA REALITY), Shapoorji Pallonji and Company Private Limited, Essel Infra Projects Limited and IL&FS Rail Limited submitted the Request for Quotation (RFQ). More details awaited.