Larsen & Toubro (L&T) and NCC Ltd are vying for the Hyderabad Airport Metro Rail project, with bids submitted for the Rs 5,688 crore tender. The project, funded by the Telangana government, involves constructing the Raidurg-Airport stretch.
A pre-bid meeting was held, attracting representatives from various firms. However, only L&T and NCC participated in the bidding process. L&T, known for its expertise in Metro rail development, expressed interest and has been asked by the state government to handle additional Metro connectivity.
L&T and NCC submitted the necessary documents, including project experience and financial statements. They also provided a security deposit of 29 INR-crore each through bank guarantees.
Experts and HAML technical officers will review the bid documents. The evaluation process will take around 10 days, following which recommendations will be made to the government.
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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
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