December 17, 2013

Four bidders qualify for Indian freight corridor contract

Written by  Raghav Thakur
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Four bidders qualify for Indian freight corridor contract Keith Fender

DEDICATED Freight Corridor Corporation of India has qualified four bidders for electrical and signalling works on the 343km Bhaupur - Khurja section of the 1829km Eastern Dedicated Freight Corridor (DFC) which will eventually link Ludhiana with Dadri near Delhi and Dankuni near Kolkata.

The bidders are Alstom and Siemens plus two consortia: Inabsena, Spain, Ansaldo STS, Italy, and two Indian companies: EMC and BCEPL; and Kec, India, Elecnor, Spain, and Kyosen, Japan.

A civil works contract worth Rs 33bn ($US 528m) for this section has already been awarded to the Tata-Aldisa joint venture.

The World Bank has committed to lend $US 2.7bn for construction of the Eastern DFC. Of this, $US 975m for the first phase was sanctioned in May 2011. The loan for the second phase is expected to be worth $US 1.1bn.

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