The Uttar Pradesh Metro Rail Corporation (UPMRC) has shortlisted Six bidders for construction of the tunnel including 4 underground metro stations (viz. Chunniganj, Naveen Market, Bada Chauraha and Nayaganj) on Corridor-1 of Kanpur Metro Project.
Based on technical evaluation of bids submitted for the subject tender on 30.09.2020, following six (06) bidders have qualified for opening of their Financial Package in accordance with the provision of Tender Document.
- Mis Dogus Insaat Ve Ticaret As
- Mis Gulermak-Sam India Kanpur Metro Joint Venture
- Mis Larsen & Toubro Ltd.
- Mis JMC-CAI Joint Venture
- Mis Tata Projects Ltd.
- Mis AFCONS Infrastructure Limited
The opening of the Financial Package for tender KNPCC-05 is scheduled at 15:00 hrs. on 14.01.2021 at Board Room, Administrative Building, UPMRC Ltd., Near Bhimrao Ambedkar Samajik Parivartan Sthal, Vipin Khand, Gomti Nagar, Lucknow – 226010, Uttar Pradesh.
In July this year, the UPMRC had invited tenders for Contract: KNPCC-05: Design and Construction of Tunnel from start of elevated ramp (after Moti Jheel Metro Station) to end of Nayaganj station including four underground metro stations (viz. Chunniganj, Naveen Market, Bada Chauraha and Nayaganj) and ramp including Architectural finishes, E&M, TVS, ECS etc. on Corridor-1 of Kanpur MRTS Project at Kanpur, Uttar Pradesh, India”..
Source of funds:
UPMRCL has applied for Loan from multilateral funding agency (EIB) hereinafter called “Funding Agency” towards the part cost of the Project, and intends to apply a portion of the proceeds of the loans to payments under this contract. Disbursement of the loans will be subject, in all respects, to the terms and conditions of the Loan Agreements, including the disbursement procedures and the applicable procurement guidelines of EIB. ( http://www.eib.org/attachments/strategies/guide_to_procurement_en.pdf ).
No party other than UPMRC shall derive any rights from the Loan Agreement or have any claim to loan proceeds. The above Loan Agreement will cover only a part of the project cost. The remaining portion shall be financed through equity participation by the Government of India and Government of Uttar Pradesh and other appropriate means.
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Source: UPMRC-Tender update | Image Credit (representational): LMRCL
