NEW DELHI (Metro Rail News): Delhi Metro is prepared to go internationally and is looking for consulting and building projects abroad, notably in the Egyptian port city of Alexandria. Last month, the first and largest metro rail company in India submitted bid documents to hire consultants for an Alexandria metro rail project.
Earlier this week, Delhi Metro also submitted a bid to build an entire metro line in Mauritius. In addition to these, Delhi Metro is also interested in three other metro systems: those are Tel Aviv in Israel; Manama inBahrain; and Ho Chi Minh City in Vietnam.
Since 2013, Delhi Metro has served Dhaka as a consultant on three routes, and it is getting ready to submit a bid for a new line. The metro network’s earnings have been severely impacted by the Covid-19 outbreak, thus it is aiming to enhance its non-ticketing revenue streams.
The Delhi Metro’s expansion plan won’t be simple. In Bahrain, the metro line may fight with Chinese rivals, whereas in Mauritius, private construction behemoths like L&T may be its main rivals.
According to Vikas Kumar, MD of Delhi Metro Rail Corporation (DMRC), the urban transporter has been competing for new metro projects in five nations and that the pandemic has played a role in its new approach of investigating projects abroad.
“We want to grow our revenue share, particularly from consulting business. Therefore, we made the decision that we must use our core competency to grow our company outside of India. That’ll bring in some more money, he said.
According to a senior Delhi Metro official, the metro, which is jointly controlled by the Centre and the Delhi government, is also trying to increase its part of the consultancy sector to 30% of overall revenue.
