Five companies bid for a new metro system in India

Five Indian companies have submitted bids for the Request for Qualification invited by the Amaravati Metro Rail Corporation Ltd (AMRC) for the 43 km-long Vizag Metro Rail (VMR) project in the Indian city of Visakhapatanam, Andhra Pradesh.
The five firms are: Gurgaon-based Adani Enterprises Limited, Mumbai-based TRIL Urban Transport Private Limited, Mumbai-based Shapoorji Pallonji and Company Private Limited, Noida-based ESSEL Infraprojects Limited, and Mumbai-based IL&FS Rail Limited.
The AMRC will analyze the bids and shortlist the eligible firms for further notification of Request for Proposal (RfP), which will be the final invitation to eligible private partners for the Rs 88 bn (EUR 1.1 billion) project. The RfP is expected to take place in April this year. The receipt of RfP proposals from the companies and the selection of a suitable developer is scheduled to be completed in another five months.

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