Siemens Ltd. in October-end was declared as the lowest bidder for the telecommunications contract of Nagpur Metro’s 43.8 km Phase 2 project by Maharashtra Metro Rail Corporation Ltd. (MMRCL or Maha-Metro).
This systems contract under package TL-01 will be funded through a USD 200 Million (approximately Rs. 1678 crore) loan by the Asian Development Bank (ADB) which was approved in July 2024.
Maha-Metro had invited bids for its installation in June 2024 with an unknown estimate and 994 day (2.72 year) deadline. Technical bids were opened in September to reveal only two bidders – Siemens and Larsen & Toubro.
MMRCL has another ongoing ADB-approved tender for which technical bids were opened on Wednesday and there was only one bidder. More to come, but that’s for civil Package C-09 which includes the construction of 8 elevated metro stations at Ashokvan, Dongargaon, Mohgaon, Meghdoot, CIDCO Butibori Police Station, MHADA Colony, MIDC KEC and MIDC ESR in Reach-1A.
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