The Hindu : New Delhi News : Reliance may get Metro deal

Online edition of India's National Newspaper
Saturday, Dec 22, 2007
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New Delhi

New Delhi

Reliance may get Metro deal

Staff Reporter

NEW DELHI: A consortium led by Reliance Energy of Anil Dhirubhai Ambani Group has emerged as a preferred bidder for the Rs.2,500-crore project to construct a high-speed Metro railway link to connect Indira Gandhi International Airport with the New Delhi railway station.

According to sources, Delhi Metro Rail Corporation has issued a letter to the consortium stating that it has been short-listed as the preferred bidder for the project, which would be executed on a build-operate-transfer basis.

Sources said that before the letter of acceptance was issued, negotiations were carried out between the DMRC and the REL-led consortium on various issues including appointment of project heads, setting up of two 66 kV sub-stations and emergency arrangements for power. The utilisation of retail space and property development on depot land was also deliberated upon, sources added.

The DMRC had invited bids from private companies for laying of the 23 km stretch with five stations on BOT basis. The Indira Gandhi International Airport-New Delhi railway station project -- expected to be commissioned by July 31, 2010 -- will be awarded to the qualified bidder for a 30 year period.

Five stations

The five stations will be located at New Delhi, Shivaji Stadium, Dhaula Kuan, National Highway-8 and IGI Airport.

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