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Reliance Energy bids for Hyderabad metro project

Wednesday, 02 Nov 2005
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Reliance Energy has reportedly submitted its expression of interest for the proposed Hyderabad elevated metro rail link project. REL has planned to induct Canadian rail equipment major Bombardier as its partner, at a later stage. Bombardier, it is further learnt, would be offered 26 per cent in the joint venture.

The Andhra Pradesh government, in August 2005, had invited expressions of interest from private sector players for developing the proposed Hyderabad elevated metro rail project, on BOT basis. Three routes with a total length of 59 km would be taken up in the first phase.

Bombardier Transportation is a world leader in rail equipment and rail control solutions. The Canadian company has been in India since 1996. It even has a factory at Vadodara that manufactures rail propulsions.

Reliance Energy, it may be mentioned, has also bid for other infrastructure projects like the Mumbai metro rail project, highway projects offered by NHAI on BOT basis, the Mumbai Trans Harbour Sea Link project and the Mumbai-Delhi airports modernization projects.

Also See:

Global bids floated for Hyderabad MRTS project (22-Aug-05)

Mumbai metro rail project: Reliance, two others qualify for financial bids (01-Sep-05)

Reliance Energy bids for NHAI projects (24-Aug-05)

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