Texmaco wins tender worth Rs 253 cr for Indore Metro’s Yellow Line
Kolkata: Texmaco Rail and Engineering Ltd. has bagged a Rs 252.88 crore contract to supply standard gauge Ballast less Track for the Indore Metro Rail project.
The Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) opened the financial bids for the contract package IN-08 where Texmaco appeared to be the lowest bidder beating the Rs 262.32 crores bid of Larsen & Turbo Ltd. (L&T).
The other bidders were Vijay Nirman Company Pvt. Ltd. and Rail Vikas Nigam Ltd. (RVNL), which could not qualify for the eligibility criteria and tender terms.
As per the tender, the work’s scope includes designing, supplying, installing, testing, and commissioning the Ballast less Track of Standard Gauge for the Indore Metro Yellow Line.
The tender notice for these works was issued in February this year with an approximate value of Rs 238 crores and a period of 1274 days (approximate 3.5 years) for completion.
The value of the project is Rs 252 crores where the root length is 32 km and track length 70 km, which includes complete supply of rails, fasteners, turnout & buffer stops. The line is supposed to be 33.53 km long making a ring line to connect Palasia - Railway Station - Rajwara-Airport - Bhawarsala -
MR10 - Palasia with 30 stations.
Proud to have gotten this opportunity, UV Kamath, Managing Director of Bright Power, EPC Division of Texmaco Rail & Engineering said, “It re-establishes Texmaco’s rich and successful experience in projects related to Metro Rail including laying of ballast less tracks and associated work. It is one more landmark in Texmaco’s achievement in this area.”
(With UNI inputs)
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