Special Correspondent

HYDERABAD: The much awaited financial bids for the elevated metro project, which was originally scheduled to be opened on Friday, has been postponed. Hyderabad Metro Rail Limited’s Managing Director, N.V.S. Reddy, informed that the bidders sought more time for finalising their respective documents. The next date for submission of bids would be announced later, he said. The ‘BOT’ bidders, including noted firms like Bombardier, Siemens and the likes, wanted to revert to their respective Boards before finalising their bid documents.

Five international, national consortia have already been short listed in the technical bids for the near Rs. 10,000 crore project.