September 08, 2008

Three bidders short listed for Mumbai monorail project

It is reported that three bidders have been short listed by Mumbai Metropolitan Region Development Authority for its USD 1.6 billion monorail project in Mumbai.

The short listed consrtiums include

1) Scomi Engineering and Larsen & Tourbo
2) Hitachi Japan and Reliance Energy
3) Bombardier Transportation, Kalpataru Power Transmission, JMC and Intimin Transportation

The final bidder will be finalized by May 2008 and construction work on the project is likely to commence by June 2008. The project will be developed on build own and transfer basis for at least 30 years and will comprise 4 corridors stretching a total of 70 kilometer spanning across the city and suburbs.