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Hyderabad News.Singapore firm shows interest in City metro

Hyderabad News. DC 29.04.2010


(Excl Ventures News.)SMRT Corporation, the pioneer in public transportation in Singapore, has sent proposals to develop metro rail projects in the state including the Hyderabad metro rail project.

SMRT proposes to take up the projects based on a Build-Operate-Transfer mo-del. The Singapore metro is one of the few metro rail projects in the world that incurs profits.

SMRT was part of a delegation of five companies which met the Governor, Mr E.S.L. Narasimhan, and the Chief Minister, Mr K. Rosaiah, to discuss avenues of investments in the state. The delegation was on a two-day feasibility study trip to Hyderabad.





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“We feel Hyderabad metro is viable and we did discuss the project along with the feasibility of similar projects in Visakhapatnam and Vijayawada,” Mr Pradip Menon, the CEO, RSP Architects, Planners and Engineers, told mediapersons here on Wednesday.

Mr Menon was heading the delegation. The SMRT representatives met the Hyderabad Metro Rail Corporation chairman, Mr C.V.S.K. Sarma, and the managing director, Mr N.V.S. Reddy, and sought details. The officials told the delegation that the bid process was already on and told the company to explore the possibilities of associating with the existing players.




Comment :

Hyderabad Metro looks to be along drawn affair with bid proces getting extended time and again

Keyword TagsHyderabad News,Hyderabad Metro, SMRT, Metro Rail
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