East Metals AG bags contract for supply of 17,700 MT Head Hardened Rails for Kanpur and Agra Metro projects

M/s East Metals AG has bagged a contract from Uttar Pradesh Metro Rail Corporation (UPMRC) for Supply of 17,700 MT Head Hardened Rails (60 E1, IRS-T-12-2009, 1080 grade HH) for Kanpur and Agra Metro.

In February last year, the UPMRC invited tenders for Contract: KNPAGT-1.

Following three bidders were qualified for opening of their Financial Package in accordance with provisions of the tender documents:

  1. M/s Jindal Steel & Power Ltd.
  2. M/s Mitsui & Co. Ltd.
  3. M/s East Metals AG

About the Metro Projects:

  • After the inauguration of the civil construction work of the Kanpur Metro project by hon’ble CM of Uttar Pradesh, Shri Yogi Adityanath and in the gracious presence of Shri Hardeep Singh Puri, Union Minister for Housing & Urban Affairs (I/C) on 15th Nov., 2019, UPMRC is executing the Kanpur Metro project with remarkable pace.
  • Even during the post lock down period, strategic execution of the UPMRC’s engineers resulted in maintaining the workforce and keeping up the pace of the civil construction of the 9 km long Priority Corridor (IIT to Motijheel), while implementing all the guidelines issued by the governments.
  • On 7th December 2020, Prime Minister Shri Narendra Modi inaugurated the construction of the Agra Metro Project via video conferencing. 
  • The Agra Metro project comprises 2 corridors with a total length of 29.4 km and connects major tourist attractions like Taj Mahal, Agra Fort, Sikandra with railway stations and bus stands.
  • Uttar Pradesh Metro Rail Corporation Ltd. (UPMRC), a 50:50 jointly owned Company of Government of India and Government of Uttar Pradesh has been reconstituted as per the approval of the Government as a single SPV by rechristening it as “Uttar Pradesh Metro Rail Corporation Ltd. (UPMRC)” for implementation of Metro Rail projects in various important cities in the State of Uttar Pradesh and has been entrusted with the responsibility of implementation and operation of the rail based Mass Rapid Transit System (Metro) in Kanpur and Agra cities where Metro projects have been recently approved by Government of India. 
  • The projects shall be financed through equity contribution from Govt. of Uttar Pradesh (UP) and Govt. of India (GOI) and a soft loan from International Funding Institutions.

About East Metals AG:

  • East Metals AG is a Swiss-based EVRAZ trading company, which is a sole distribution channel outside the CIS. Its main exports include iron ore fines and pellets, pig iron, semi-finished steel products (slab and square billet) and long finished products (U-channel, UPN channel, beam, wire rod, rebar).
  • A wide network of agencies and representative offices (including those in China, Hong Kong, Indonesia, Japan, the Philippines, South Korea, Taiwan, Thailand, Turkey, the UAE etc.) ensures proximity to clients in key markets.

Source: UPMRC-Tender update | Image Credit (representational): HMRL