Rail link project to BIA picks up speed

A total of five consortia have been shortlisted for the project, following their participation in the Request for Qualification (RFQ). They are Reliance Infrastructure Ltd and CSR Nanjing Puzhen Rolling Stock Co Ltd, L and T Transco Ltd, ITD-ITD CEM Joint Venture (Italian-Thai Development Public Co Ltd and ITD Cementation India Ltd), Pioneer Infratech Pvt Ltd and Siemens Project Ventures Gmbh, Lanco Infratech Ltd and OHL Concessiones SL.

Highly placed sources told Deccan Herald on Tuesday that three documents, including the detailed project report and the concession agreement, will be issued to the participating consortia along with the RFP.

“After the RFP is evaluated, we plan to have the concession agreement signed within a period of 45-60 days from the date of issue of the RFP,” the sources said. Letter of Intent will be issued in August, 2010, marking completion of the final bidding process and actual work will commence after four months, sources added.
The 33.65-km project, estimated to cost Rs 9,270 when complete, is being awarded on a design-build-finance-operate-and-transfer basis, through an open bidding process for a period of 30 years.

The proposed rail link between the City Centre and BIA, will have four elevated stations at M G Road, Hebbal, Yelahanka and the airport.
DH News Service

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