Hyderabad News. Hyderabad Metro Bidders Finalized. Relliance, GMR, GVK, Lanco in the Race
Hyderabad News. Hindu 24.02.10
(Excl Ventures News) The government has declared all eight applicants for the Hyderabad Metro Rail (HMR) project have passed the pre-qualification bid stage having met the “threshold technical and financial qualification criteria”.
Having passed the technical experience score, next step is to shortlist these bidders based on their financial bids to be submitted by April 21.
The eight applicants now eligible to be issued bid documents are:
Official orders were issued on Tuesday following evaluation reports and recommendations submitted by the Hyderabad Metro Rail Works sub-committee, also endorsed by the HMRL Board.
Independent appraisal reports were submitted by consultants - Fortress Infrastructure Advisory Services for evaluation, Deloitte for finances, Luthra & Luthra for legal and BARSYL for technical.
Comment :
Its good to see such large companies maintaining interest in Hyderabad
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