8 companies pre-qualify for Hyd metro

Last Updated: Tue, Feb 23, 2010 19:50 hrs

The Andhra Pradesh government has pre-qualified all the eight bidders for issue of request for proposal (RFP) and other documents for submission of financial bids for the development of the Rs 12,132-crore Hyderabad Metro Rail project.

It has also authorised Hyderabad Metro Rail Limited managing director to fix the bid security at Rs 240 crore, two per cent of the project cost and performance security at Rs 360 crore (three per cent of total cost).

Consortium applicants have been ranked on experience score in the following order:

Transstroy-OJSC Transstroy-CR 18G-BEML, Reliance Infrastructure-Reliance Infocomm, Lanco Infratech–OHL Concesiones SL, Essar-Leighton-Gayatri-VNR consortium, GMR Infrastructure Limited, GVK-Samsung C&T Corporation, Soma-Strabag AG (Austria) and Larsen Toubro Ltd.

Soma-Strabag AG would now have to furnishing a fresh ratification power of attorney (PoA) under the common seal of Soma Enterprises Limited within one month from the date of issue of RFP.

Similarly, Transstroy-OJSC Transstroy-CR 18G-BEML should furnishing a fresh ratification lead member PoA by BEML under the common seal of the company, submit stand-alone audited annual accounts of China Railway Construction Corporation (CR 18G) for 2008 along with a statutory auditor’s certificate as a proof of fulfiling the networth criterion.

The 71-km project is to be awarded on a design, build, finance, operate and transfer basis.

More from Sify: