![]() Financial Daily from THE HINDU group of publications Thursday, Aug 25, 2005 |
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Logistics
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Railways Tenders invited for Rs 6,366-cr MRTS project Our Bureau
Hyderabad , Aug. 24 THE State Government has announced that it has floated tenders for the first phase of the Rs 6,366-crore ambitious Mass Rapid Transit System (MRTS) covering a distance of 59 km on three dense traffic corridors of the twin cities of Hyderabad and Secunderabad. Addressing a press conference here today, the Minister for Municipal Administration, Mr Koneru Ranga Rao, said the Government formally issued notification for a global expression of interest-cum-request for qualification on Monday. September 30 has been set as the deadline for submission of application forms. A study has identified 10 busy corridors in the twin cities running through 150 km. The first phase of work encompassing the dense corridors of Miyapur-Chaitanyapuri (26 km), Secunderabad-Falaknuma (13 km) and Tarnaka-Punjagutta-Hitec city (20 km) would be initiated by June. It is proposed to complete these three corridors within four years. The Miyapur-Chaitanyapuri stretch passes through Khairatabad, Nampally, and Dilsukhnagar centres touching 25 stations en route. Fourteen stations dot the Secunderabad-Falaknuma corridor touching Narayanaguda, Sultan Bazar and Charminar. The Tarnaka-Hitec City route runs through Paradise, Punjagutta and Jubilee hills check post touching 20 stations. The elevated MRTS would offer a BOT (build, operate and transfer) model. These pathways would handle capacity ranging from 25,000 persons per day with a capacity to upgrade to 55,000. The Delhi Metro Rail Corporation has prepared a detailed project report for two corridors and is set to complete the third one. The developer of the project under the BOT model could be a company or consortium. An operator of MRTS for at least 15 km with a safety audit capability certification and having constructed projects with an aggregate of Rs 1,000 crore in the last five years is eligible. The Principal Secretary for Municipal Administration, Mr S.P. Singh, said the Government would grant right of way to companies bagging the contract. The Centre is expected to pump in 20 per cent of the project cost under the viability gap fund. A process has been initiated to identify Government and private lands required for stations, terminals and depots. A committee has been constituted to clear building plans on these routes, said Mr Singh.
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