Titagarh bids for supply of trains on lease basis to Chennai Metro

Chennai, India (Metro Rail Today): The Chennai Metro Rail Limited (CMRL) has recently revealed that the authority has received single bid against its Expression of Interest (EOI) notice issued for leasing out out 126 coaches (42 metro trainsets)  for Phase 2 corridors.

According to the CMRL, Titagarh Wagons Limited is the only rolling stock firm that submitted their Expression Of Interest (EOI) to supply 126 metro cars on lease basis.

The scope of work is supply of 126 cars (42 trainsets of 3 cars each) on lease basis for Chennai Metro’s phase II network and maintaining these cars during their life cycle against payment of lease/ rental charges by CMRL on the basis of hourly running of trainsets for passenger operation.

The EOI (Phase II / ARE04) was published in August 2021 with a plan to lease out 42 trains of 3 cars each for a period of 39 years on Chennai Metro’s upcoming corridor which is Line 3 (Madhavaram – SIPCOT2, 45.8km) and line 5 (Madhavaram- Sholinganallur,47km). The contract period includes 4 years of initial supply and commissioning and 35 years for the rolling stocks life cycle.

Apart from this, CMRL has also issued two separate tenders for the procurement of 210 metro cars and 78 metro cars for its Line 3&5 and Line 5 respectively. Alstom, BEML and Titagarh have summitted their bids for supply of 78 metro cars for Line 4. However, technical bids of another tender package is not yet opened.  It is pertinent to mention here that Delhi Metro Rail Corporation Limited had earlier exercise leasing option for procurement of trains but the proposal it hold-up without any further action.

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