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Date of Post: 11 Sep, 2017
Vizag: AMRC (Amaravati Metro Rail Corporation) has invited Expression of interest (EoI) for pre-qualifications for development of Visakhapatnam Metro Rail project. The project will be developed in Andhra Pradesh on DFBOT/PPP basis.
Amaravati Metro Rail Corporation Limited (AMRC) is a 100% Government of Andhra Pradesh (GoAP) owned entity that has been vested with the mandate to develop and implement mass rapid transit system projects in the State of Andhra Pradesh.
More Information:
- GoAP has decided to implement the Metro Rail system for the city of Visakhapatnam, Andhra Pradesh, India on an innovative Public-Private Partnership model – DFBOT (Design, Finance, Build, Operate and Transfer) basis.
- AMRC has been mandated to carry out the Bid Process for selection of a private entity as the Developer.
- The selected Developer has to incorporate a Special Purpose Vehicle (SPV) in which GoAP/AMRCNUDA will have an equity upto 11% in the SPV.
Salient Features Of The Project:
- Metro Rail Corridors (3) length – 42.5 kms
- All Corridors – Elevated
- Number of Stations – 41
- Estimated Project Cost – Rs.8,800 crore
- Estimated capital cost investment by Developer – Rs. 4,200 crore
For More Details : Click Here
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