Larsen & Toubro and NCC Ltd (formerly Nagarjuna Construction Company) – are in the race to bag the Hyderabad Airport Metro Rail project and have submitted bids for the 5,688cr tender.
The engineering, procurement, and construction (EPC) contract for the Raidurg-Airport stretch was opened by Hyderabad Airport Metro Ltd (HAML) on Thursday.
HAML sought global tenders for the Airport Metro project and a pre-bid meeting was held on June 14. While representatives of 13 national and global firms, including Alstom, Siemens, Tata Projects, IRCON, RVNL, BEML, PANDROL Rahee Technologies and L&T displayed interest, only two participated in the bidding on Thursday.
L&T, which developed Metro rail through public private partnership and sought government aid to tide over losses, took part in the bids. The Airport project is completely funded by Telangana government. Recently, the state government asked L&T to take up the remaining Metro connectivity between MGBS and Falaknuma.
Officials said, L&T and NCC submitted documents on project execution experience, technical and financial strengths, audited financial statements, apart from security deposit of 29 crore each in bank guarantees.
“The bid documents will be scrutinized by experts of GC (Systra-led General Consultants) and senior HAML technical officers. Evaluation will take 10 days and the recommendations will be submitted to the government,” HAML managing director NVS Reddy said.