Tata Projects, Aldesa bag Rs 3,300 cr freight corridor project

A consortium of Tata Projects and Spanish firm Aldesa has bagged a Rs 3,300 crore civil works contract to build a rail track between Bhaupur and Khurja in Uttar Pradesh, a 343-km segment of the dedicated eastern freight corridor.

“Physical work is expected to start from March-April. A letter of intent has been issued for the project,” said Dedicated Freight Corridor Corporation Ltd Managing Director, R. K. Gupta.

The consortium beat nine bidders for the project. The letter of intent was issued on Thursday, and the project is funded by the World Bank.

Those in race for the project were: CRFG-Soma, OHL-Punj Lloyd, KEC-Remput-Simplex, Essar-Patel-BSCPL, San Jose-ECI, STS-Era, IVRCL-KMB, Navyug-SEW and Gammon-CMC.

The 343-km project was sliced into three subsets, and the bidders had been qualified to bid for one, two or all three. In the bids, the consortia have offered various levels of discount, depending on the size of projects they get.

Seven consortia of the above bidders were qualified to bid for all the three packages. It will take some time for the Dedicated Freight Corridor Corporation of India, a special purpose vehicle set up under the Ministry of Railways, to evaluate the lowest bidder, as the bids are submitted in multiple combinations.

http://www.thehindubusinessline.com/industry-and-economy/logistics/tata-projects-aldesa-bag-rs-3300-cr-freight-corridor-project/article4340926.ece

Advertisements
Published in: on January 25, 2013 at 1:09 pm  Leave a Comment  
Tags:

The URI to TrackBack this entry is: https://indianrlys.wordpress.com/2013/01/25/tata-projects-aldesa-bag-rs-3300-cr-freight-corridor-project/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: