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Global firms line up to bid for Ahmedabad Metro project

Big names from China,Singapore,France and Germany,among other nations,show interest in the Rs 21,000-crore project.

Written by Avinash Nair | Ahmedabad |
June 7, 2013 3:33:03 am

The Gujarat Metro rail project seems to be on the right track,attracting investors from far and wide. The estimated Rs 21,000 crore project,envisaged to link Ahmedabad and Gandhinagar,has so far received Expression of Interest (EOIs) from over 100 national and international firms willing to be associated with the project.

“There are over 75-100 companies,half of them foreign joint ventures,that have shown interest in the project,” said Sanjay Gupta,executive chairman of Metro-Link Express for Gandhinagar and Ahmedabad (MEGA),in-charge of the implementation of the project. The firms who have shown interest in the Metro project in the state include international players from countries like China,Singapore,France,Korea,Germany and others.

L&T Construction,Siemens AG,Gammon India,Singapore Technologies Electronics Ltd,Hitachi India and Samsung SDS are some of the national and international firms who have evinced interest in implementing various works associated with the project. These firms have responded to the EOIs sought by MEGA for different works connected with the Metro project,including superstructure works,manufacturing of coaches,commissioning of track work,fare collection system,design and construction of tunnels and underground stations,telecommunication system and others.

“A proper process will be followed in picking the firms for the project,” Gupta said,adding that a final call on the firms’ selection will be taken in consultation with the state government.

The state government has set the target to complete the project by 2021. “We expect to complete the full overground stretch of 60 odd kilometres between Memco in Ahmedabad and the state secretariat in Gandhinagar by 2017,” said Gupta. The proposed length of the entire project is 76 kilometres.

HIGHLIGHTS

z Estimated cost of the project stands at Rs 21,000 crore

z Route Length is 76 km (10 kms underground section)

z 49 Stations

z Metro (driverless)-all cars motorized

z Average speed 45 kmph

z Projected ridership is 2 million by the year 2020)

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