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IRFC 2.0: Financing India’s Rail Revolution with a New-Age Infrastructure Funding Model
Chennai, India (Metro Rail Today): Chennai Metro Rail Limited (CMRL) has recently opened financial bids for conducting a feasibility study and preparation of the report for the proposed Mass Rapid Transit Systems (MRTS) projects in Salem, Tiruchirappalli & Tirunelveli cities of Tamilnadu.
As per the result of the financial bid, Aarvee Associates Architects Engineers & Consultants and Urban Mass Transit Company Ltd emerged as the lowest bidders. Here are project-wise financial positions:-
Now all bids have been sent for technical evaluation. The selected consultants have to -
RFP Notice for the above work was issued in February 2022 with a 122 days deadline and technical bids were opened in April 2022.