L&T, Tata, S&P, Adani, Siemens and Altsom are some of the 9 companies that showed up for Visakhapatnam Metro Rail pre-qualification. A move forward is finally happening in this long pending in the pipeline dream.
Pre-qualification for Visakhapatnam Metro Rail in PPP mode was done in a meeting here on Thursday and the aim of this meet was to interact with companies that wanted to be a part of the project. A clearing of doubts and queries and discussion happened which was called by Amaravatri Metro Rail Corporation (AMRC). 9 companies had participated and showed interest and a last date for submission of expression of interest has been set at December 7th 2017.
As per the PPP mode, about 50% funds will be provided by the Central and State governments with the remaining coming from the company taking up the work. The Visakhapatnam Metro Rail will roll out on three corridors on a total of 42 km. This is according to the detailed project report prepared by Delhi Metro Rail Corporation.
In this meeting, those who were in attendance were AMRC managing director N. Ramakrishna Reddy, Municipal Administration and Urban Development principal secretary Karikal Valaven, Joint Collector G. Srijana, Municipal Commissioner M. Hari Narayanan and VUDA Vice-Chairman P. Basanth Kumar, Visakhapatnam Metro executive engineer K.V.N. Ravi and consultants of UMTC.
Something is definitely moving forward and we shall be looking forward to faster developments.
Source – The Hindu