Siemens emerges as the lowest bidder for electrification work of Metro between Poonamallee and Light House

CHENNAI (Metro Rail News): Siemens has emerged as the lowest bidder for the electrification contract for the stretch between Poonamallee and Light House in Metro Rail Phase II project.

Seven companies had submitted bids for this contract among which Siemens was the lowest bidder. “Siemens quoted ₹390 crore and emerged as the lowest bidder. There are a few more procedures involved before we officially hand over the letter of agreement. It will take nearly a month,” an official said.