L&T, NCC in race for Hyderabad Airport Metro work

“The evaluation of bids, technical first and later financial, will take about 10 days following which the recommendations of HAML would be submitted to the government,” HAML Managing Director N.V.S. Reddy said.

July 13, 2023 07:17 pm | Updated July 14, 2023 07:35 am IST - HYDERABAD

L&T and NCC Limited (formerly Nagarjuna Construction Company) are the two competing bidders for the ₹5,688-crore Hyderabad Airport Metro project after bids were opened for selection of EPC (Engineering, Procurement & Construction) contractor on Thursday in Metro Rail Bhavan.

Hyderabad Airport Metro Limited (HAML) Managing Director N.V.S. Reddy informed that only two bids have been received and both the infrastructure companies have submitted voluminous documents highlighting their respective project execution experience, technical and financial strengths, audited financial statements etc., apart from security deposit of ₹29 crore each in the form of bank guarantees.

The bid documents containing details regarding their eligibility qualification criteria, proposed deployment of skilled manpower, machinery, construction methodology, construction schedule, design basis reports of different civil structures and systems of the Airport Metro project etc., will be scrutinised by the experts of GC (Systra-led General Consultants) and senior technical officers of HAML.

The evaluation of bids, technical first and later financial, will take about 10 days following which the recommendations of HAML would be submitted to the government, added Mr. Reddy.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.