10 companies bid for AB Road corridor | india | Hindustan Times
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10 companies bid for AB Road corridor

TEN NATIONAL-LEVEL construction companies have qualified for norms set for construction of the 11.45-km-long AB Road corridor to be developed under first phase of the Rs-685 crore Bus Rapid Transit System (BRTS).

india Updated: Dec 28, 2006 12:53 IST

TEN NATIONAL-LEVEL construction companies have qualified for norms set for construction of the 11.45-km-long AB Road corridor to be developed under first phase of the Rs-685 crore Bus Rapid Transit System  (BRTS).

These companies have made bids in the pre-qualified (PQ) tender. The final tender for the Rs 98-crore corridor from Lasudiya to Rajiv Gandhi statue will be floated by January 31, 2007.

Indore BRTS financed under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) is the country’s first high-speed urban public transport project to be developed on international norms.

A similar project is underway in Pune and Ahmedabad. Indore Development Authority superintending engineer P K Mistry said the IDA got their financial status scrutinised through its chartered accountant. All companies have projected a turnover of Rs 300 crore in the last three years.

The PQ bidders are from outside Madhya Pradesh. They include Gamon India Limited (Mumbai), Ashoka Building Construction Company (Nasik), Unity Infrastructure Project Limited (Mumbai), RVRCL Infrastructure and Project Limited (Hyderabad), Oriental Structural Engineering Private Limited (New Delhi), Unitech (Gurgaon), Simplex Infrastructure Limited (New Delhi), GSC Centro Dorstoy (Mumbai), PNC Construction Company (Agra) and Mytoss Infra Pvt Ltd (Hyderabad).

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