Visit our new website:

4 firms bid for Phase 2 UG metro line

  • Sun, 11 Feb 2018 22:35

Financial bids for the 13.7-km underground section of the Gottigere-Nagawara line have been opened. The contract may be awarded within two weeks.

In June 2017, the BMRCL divided the work for the underground section, which will run from Dairy Circle to Nagawara, into four packages.

U A Vasanth Rao, chief public relations officer, BMRCL, confirmed the financial bids were opened but said it would be premature to give more details. "Its the beginning of another process. We are yet to evaluate the bids before moving to the negotiation table. The process may take 10 days," he added.

The cost of construction between Dairy Circle and Langford Town (Package 1; 3.67 km) was estimated at Rs 1,268.90 crore. The Vellara Junction-Shivajinagar stretch (Package 2; 3.62-km) was supposed to cost Rs 1,325.97 crore. Costliest among the four was the Cantonment-Tannery Road stretch (Package 3; 3.32-km)at Rs 1,334.83 crore. Package 4 (Venkateshpura-Nagawara; 3.62 km) was the cheapest at Rs 1,117.86 crore.

While the BMRCL did not release the bidding details, a report on the blog The Metro Rail Guy claimed the lowest bid for the four packages was 69.45% higher than the BMRCLs estimates. While Metro officials had estimated the cost at Rs 5,047.56 crore, the lowest bids were Rs 8,553.45 crore, the report stated.

BMRCL officials, however, refused to comment on the figures. An official, though not aware of the particulars, said the problem arose because of limited competition. "Had there been 12 companies, we would have seen some competition," he noted.

The BMRCL has already pushed the deadline for Phase 2 from 2020 to March 2021. Its unclear how it will expedite the work on the most difficult part of Phase 2, the underground stretch.

Deccan Herald - City


Save big on top tech magazines.

Related Stories

Over half of Japan firms have no plans to raise base pay this year
  • Tue, 20 Feb 2018 18:35

More than half of Japan’s companies do not plan to raise base pay in annual wage talks in coming months, a setback for Prime Minister ... Japan...

Wipro staffer jumps off building on MG Road
  • Tue, 20 Feb 2018 12:43

A 40-year-old man jumped to death from the fourth floor of a building on MG Road on Monday. Harish H L, a resident of NR Garden in Cholurpalya, was an...

Loblaw partners with Instacart to launch same-day grocery delivery service in Metro Vancouver
  • Tue, 20 Feb 2018 12:28

Purchases can be delivered in one hour. The Georgia Straight

Govt. considering easing tax burden on smaller firms: finance minister
  • Tue, 20 Feb 2018 12:27

The government is considering easing the tax burden on smaller firms and extending more financing to bolster their expor 코리아헤럴드

Moms Panel Monday: Disney Cruise Line Awards
  • Tue, 20 Feb 2018 10:27

Our Disney Parks Moms Panel Awards continue, and this week the spotlight shines on Disney Cruise Line. Many of our panelists have sailed the ocean on ...

Volkswagen’s I.D. line of electric cars to begin production from November 2019
  • Tue, 20 Feb 2018 08:54

 Volkswagen has been showing off its I.D. line of concept electric vehicles for a couple of years now, but we won’t have to wait long for t...

Can you spell this line from Fergie’s national anthem?
  • Tue, 20 Feb 2018 02:45

Banner yet wave, or ba-yan-nur-yuh ye ye way hayve? By now you’ve probably heard Fergie’s rendition of the national anthem at the NBA All-Star Ga...

Youth beaten up by MLA's son still recuperating
  • Mon, 19 Feb 2018 18:49

Vidwath, the victim of the Saturday night brawl is still recuperating at the Mallya Hospital.According to Dr S Mallikarjuna, head of operations at the...

Sanjayanagar gets cycle rental service
  • Mon, 19 Feb 2018 12:50

North Bengaluru neighbourhood Sanjaynagar has got a cycle rental service with 250 cycle stands. The cycle stands have been installed by the CiFoS...

[Feature] Amid baby bust, firms look overseas for survival
  • Mon, 19 Feb 2018 04:25

While South Korea has a highly active baby care market with a range of high-quality products, it also suffers from one o 코리아헤럴드

50 things to in Metro Vancouver on Sunday, February 18
  • Sun, 18 Feb 2018 16:30

Keep busy with these events. The Georgia Straight

Mindtree The RRRun on February 25
  • Sun, 18 Feb 2018 14:54

The 2018 edition of Mindtree The RRRun will be held on February 25. The event is a collaboration between Rotary Bangalore Rajarajeshwari Nagar Centenn...

News Categories