Visakhapatnam Metro Update: AMRC To Receive Bids By January 25 For Visakhapatnam Metro Rail Project

Visakhapatnam Metro Update: AMRC To Receive Bids By January 25 For Visakhapatnam Metro Rail Project

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Date Of Post: 06 Jan, 2018

Vizag: The AMRC (Amaravati Metro Rail Corporation) will receive bids from the interested firms by January 25 for Visakhapatnam Metro Rail project. A senior AMRC official said,”we extended the deadline to January 25 for submissions of bids for the EoI/RfQ of the Visakhapatnam Metro Rail project. Once this process is cleared, we will go for the Request for Proposal (RfP), which likely to happen by the middle of this year.”

Some of the international players shown their interest to execute the metro rail project include-

  1. Siemens from Germany
  2. Alstom from France
  3. Hyundai and Bancor-Investments from South Korea
  4. Mitsui from Japan
  5. KfW-IPEX from Germany
  6. Orix from Japan
  7. Ansaldo from Italy
  8. Prasarana from Malaysia

About The Metro Project-

  • The cost of the PPP (public-private-partnership) project is estimated to be worth Rs 8,800 crore.
  • The construction part of the project will have to be completed within 5 years from the date of start of the official assignment of the project by the government.
  • The viability of the metro rail project is 100% assured because of its cosmopolitan nature.

    Image Credit: crda.ap.gov.in

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