News / Five consortia present response to the RFQ for Jaipur Metro PPP

Five consortia present response to the RFQ for Jaipur Metro PPP

🕔 June 4, 2011

The Jaipur Metro rail project on Tuesday received response from 11 companies, from India and abroad, forming five teams, for its request for qualification (RFQ) seeking public private partnership (PPP) concessionaire for the project.Project DescriptionThe civil work of stage 1 is being done by the Delhi Metro Rail Corporation (DMRC). The first phase with 9.25 km of track (east west corridor) will be complete by 2013.The companies which will qualify for the bid will look after the operation and maintenance, rolling stock, signalling and telecommunication for first stage. Also, for second stage the companies will do entire work including the civil work for 24 kilometre route (Sitapura to Amababari)." For both the stages the estimated cost will be around Rs 10,000 crore.

RevenueAccording to sources, government has assured investors, among other incentives, 1,00,000 square metres of land, which is owned by the Mansarovar depot. This land alone is worth Rs 500 crore. Sources said the government might hand over this piece of land for developing both residential and commercial complexes.
Apart from fare collection, investors would get advertising rights for the entire Metro corridor and the right to use land commercially at all the 20 Metro stations.
Bidders
Next stopRFP will be issued soon.
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