Updated: February 5, 2015 10:29:59 am
Mumbai-based J Kumar Infraprojects Ltd has been selected to build the first six kilometres of the Rs 10,700 crore Ahmedabad Metrorail Project that was conceived about a decade ago.
The 35-year-old firm emerged as the lowest bidder for construction of viaducts on the six kilometre-long route – Vastral Gam to Apparel Park – that is part of the 20.53 kilometre East West Corridor (Thaltej Gam to Vastral Gam). The total length of the proposed metro is about 37.76 kilometres.
“About 29 tenders were purchased, nine filled up and submitted the tenders, only four qualified and only one has been selected. With the construction work being awarded we expect work to begin by the last week of February and completed within 27 months,” said a senior official of the Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) Company Ltd, which is in the process of being converted into a jointly-owned company where 50:50 participation from Centre and state government.
J Kumar Infraprojects Ltd had quoted a price of Rs 278.12 crore, which was 4.2 percent above the tender amount of Rs 266.9 crore. The firm listed on the Bombay Stock Exchange (BSE) pipped larger firms like Larsen & Toubro (second highest bidder), Simplex Infrastructures and Soma Enterprises.
“We have made the selection after a four-week long verification and evaluation process. The company is already working on metro projects in Delhi and Navi Mumbai,” the official added about the bidding process where even a consortium involving a Chinese company was among the bidders. The technical bids were opened on December 24, 2014, while the financial ones were opened on January 22, 2015.
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