India Development News & Foreign Investment Opportunities

Approved: Bhopal Metro Rail

Tenders for civil work invited

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Tenders for civil work invited

 

Source: MPMRCL. Artist impression of Bhoplal Metro.

 

The Cabinet has approved implementation of Bhopal Metro Rail Project comprising two corridors – 14.99-km Karond Circle to AIIMS and 12.88-km Bhadbhada Square to RatnagiriTiraha.

Estimated to cost Rs.6,941.40 crore, the project will be completed in four years. The tenders for first civil work package have been invited and work will start soon.

The Karond to AIIMS corridor will be mostly elevated and partly underground (at Bhopal Railway Station & Bus Station). It will have 16 Stations (14-Elevated and 2-Underground).

Karond to AIIMS corridor will pass through the heart of city and connect densely populated areas with Bus Station, Railway Stations and AIIMS.

The length of Bhadbhada to RatnagiriTiraha corridor will have 14 elevated stations.

Bhadbhada to Ratnagiri corridor will connect upcoming Smart City’s Area Based Development (ABD) with BFIEL and surrounding industrial areas.

The corridors will be having Multimodal Integration with Railway Stations & BRTS Stations and will have feeder network of Bus, Intermediate Public Transport (IPT) and Non Motorised Transport (NMT).

The Project will have non-fare box revenue from rental & advertisement as well as Value Capture Financing (VCF) through mechanism of Transit Oriented Development (TOD) and Transfer of Development Rights (TDR)

A special purpose company, Madhya Pradesh Metro Rail Co Ltd (MPMRCL), has been constituted for implementation of the Project.

The Central and State governments will finance the project, with partial loan from European Investment Bank (EIB).

DB Engineering & Consulting GmbH in consortium with Louis Berger SAS and Geodata Engineering S.p.A has been appointed as General Consultant (GC). fiinews.com

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