HYDERABAD (Metro Rail News): The Hyderabad Airport Metro Rail project has attracted the interest of two prominent firms, Larsen & Toubro and NCC Ltd (formerly Nagarjuna Construction Company), who are now in competition to secure the project. Both companies have submitted their bids for the 5,688 crore tender.
On Thursday, the engineering, procurement, and construction (EPC) contract for the Raidurg-Airport stretch was opened by Hyderabad Airport Metro Ltd (HAML). The project invited global tenders for the Airport Metro project, and a pre-bid meeting was held on 14th June. Although representatives from 13 national and global firms, including Alstom, Siemens, Tata Projects, IRCON, RVNL, BEML, PANDROL Rahee Technologies, and L&T, displayed their interest, only Larsen & Toubro and NCC Ltd participated in the bidding process.
Larsen & Toubro, a company with experience in developing Metro rail through public-private partnerships and that sought government aid to overcome losses, took part in the bidding. It is important to note that the Hyderabad Airport Metro project is fully funded by the Telangana government. Recently, the state government has also entrusted Larsen & Toubro with the responsibility of completing the remaining Metro connectivity between MGBS and Falaknuma.
Both Larsen & Toubro and NCC Ltd have submitted the required documents, including their project execution experience, technical and financial strengths, audited financial statements, and a security deposit of 29 crore each in bank guarantees.
According to NVS Reddy, the Managing Director of HAML, the bid documents will undergo a thorough evaluation by experts from GC (Systra-led General Consultants) and senior technical officers from HAML. This evaluation process will take approximately 10 days, after which the recommendations will be presented to the government.
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