Now Reading: Rs 1,400 cr Gurugram Metro Phase 2 tender sent for approval
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Rs 1,400 cr Gurugram Metro Phase 2 tender sent for approval
Gurugram Metro Rail Limited has sent the Rs 1,400 crore tender for civil construction work under the Gurugram Metro Phase 2 project to the Haryana government for approval. The World Bank cleared…
Gurugram Metro Rail Limited has sent the Rs 1,400 crore tender for civil construction work under the Gurugram Metro Phase 2 project to the Haryana government for approval. The World Bank cleared the tender in June, and it has been vetted by GMRL and Haryana Mass Rapid Transport Corporation Limited.
The tender covers railway track and station construction, excluding signalling, electrical and design work. Officials said approval is expected soon. The 13 km second phase will have 14 stations from Sector 7 to Cyber City, plus a spur to Gurugram railway station, and will connect with the Rapid Metro and RRTS. GMRL has also sought additional funding from a German development bank as the project cost has risen to over Rs 10,000 crore from an earlier estimate of Rs 5,452 crore.
Indian Opinion Analysis
The cost escalation from Rs 5,452 crore to over Rs 10,000 crore reflects the impact of delayed clearances and rising input prices, a pattern seen in several Indian metro projects. The German development bank funding, if secured, would follow the model of the Delhi Metro's early phases which received KfW loans. Approval from the state government is the final administrative step before the tender can be awarded, the next milestone is the actual bid opening date. The 14-station alignment, running through the densely populated millenium city corridor, will be watched for its potential to ease congestion on the Delhi-Gurgaon expressway, but the real test will be whether GMRL can stick to the revised budget and timeline after construction begins.
The Haryana government's approval is expected within weeks, after which the tender can be issued to bidders.
Source: hindustantimes.com
This story was synthesised by AI from the source linked above.
