Hyderabad, July 14: The state government has constituted a committee to receive, open and evaluate the request for proposal (RFP) bids for the Hyderabad Metro Rail project.
The last date for receipt of financial bids is July 14. The committee will receive and open financial bids tomorrow and carry out the evaluation of the same with the help of the evaluation consultant (Fortress Infrastructure Advisory Services), technical consultant (Balaji Rail Road Systems Ltd), financial consultant (Deloitte Touche Tohmatsu India (P) Ltd) and legal consultant (Luthra & Luthra).
The committee comprises the finance secretary, Hyderabad Metro Rail Limited (HMRL) managing director and Hyderabad Metro Water Supply and Sewerage Board (HMWWSB) managing director. It will make recommendations to the government for consideration of the financial bids through the HMRL chairman. The government, after receiving the recommendations, will announce the name of the successful bidder. The Rs 12,132-crore project will be taken up on the `design, build, finance, operate and transfer’ (DBFOT) basis in public-private partnership (PPP).
Of the Rs 12,132 crore, up to 40 percent of the project cost or a maximum of Rs 4,853 crore can be given as viability gap funding (VGF) by the central and state governments together, subject to competitive bidding. The Centre has sanctioned Rs 2,363 crore as its share under VGF.
The project covers three high-density traffic corridors:
Miyapur-LB Nagar (28.87 km, 27 stations)
JBS-Falaknuma (14.78 km, 16 stations)
Nagole-Shilparamam (27.51 km, 23 stations)
The total length of the railway line in all the three corridors will be 71.16 km and there will be 66 stations in all.
The HMR Ltd shortlisted eight applicants as pre-qualified bidders for issue of RFP and other bid documents for submission of financial bids. They are: 1) L&T (2) Lanco-OHL (Spain) (3) Reliance (Anil Ambani) (4) Essar-Leighton (Australia)-Gayatri-VNR consortium (5) GVK-Samsung (South Korea) consortium (6) GMR (7) Transstroy-OJSC (Russia)-CR 18 (China)-BEML consortium and (8) Soma-Strabag (Austria) consortium.
The model RFP document was converted into project-specific RFP, duly following the guidelines issued by the Ministry of Finance. Consequent to issue of RFP, the six companies/consortia have purchased the RFP and also attended the pre-bid meeting held in March. The two who opted out were GMR and GVK.
As the previous concessionaire, Maytas Metro Ltd, had failed to achieve the financial closure by the due date, the concession agreement with them was terminated by the government in July last year.
—Agencies