Center Clears Hyderabad Metro Bidding Documents

The Centre gave the green signal to the Rs 12,132-crore Hyderabad Metro Rail Project (HMRP) by clearing documents for bidding and concessional agreements. The tender process for the project can begin now.

The documents were cleared by the Union finance and urban development ministries along with the Planning Commission.

“All the documents have received clearance from the Central government and we are going ahead with the tender process,” said Mr N.V.S. Reddy, managing director of Hyderabad Metro Rail Limited said.

The Centre also cleared documents for viability gap funding

The state government called bids for the project after the Maytas Infra-led consortium failed to achieve financial closure.

Six applicants remain to submit financial bids after the GVK and GMR consortia pulled out of the race.

Transstroy-OJSC,

Tra-nsstroy-CR,

18G-BEML,

Reliance Infrastructure-Reliance Infocomm

Lanco Infratech-OHL Concesiones SL,

Essar-Leighton-Gayatri-VNR,

Soma-Strabag AG (Austria) consortium

Larsen & Toubro.