Urban Mass Transit Company Limited would provide the DPR for the 79.91 km 1st phase of Vizag metro project. Urban Mass Transit Company (UMTC) emerged as the successful bidder by quoting a cost of Rs 5.33 cr which is the lowest among all the bidders.
Thus Urban Mass Transit would be bestowed with the ability to update the current DPR earlier made for the aimed 42.5 km metro project and include the 3.85 km new section from Gajuwaka to Vizag Steel Plant.
A current DPR would be made for almost 33.5 km of the project including the alternative analysis report. Urban Mass Transit Company will also allow transaction advisory consultancy services for the bidding process management. On Thursday the state govt authorised the Amaravati Metro Rail Corporation to start into an agreement with the UMTC.
The managing director of AMRC, NP Ramakrishna Reddy told UMTC would make the Detailed Project Report in 6 months. “We will initiate the bidding process for the metro rail project in the 4th month after the commencement of the formation of the DPR.
The bidder for the 2nd phase project would be finalised by the month-end. We have got 2 bids for the construction of the DPR,” replied Reddy.