A consortium of Tata Projects and Spanish firm Aldesa has bagged a Rs 3,300 crore civil works contract to build a rail track between Bhaupur and Khurja in Uttar Pradesh, a 343-km segment of the dedicated eastern freight corridor.
“Physical work is expected to start from March-April. A letter of intent has been issued for the project,” said Dedicated Freight Corridor Corporation Ltd Managing Director, R. K. Gupta.
The consortium beat nine bidders for the project. The letter of intent was issued on Thursday, and the project is funded by the World Bank.
Those in race for the project were: CRFG-Soma, OHL-Punj Lloyd, KEC-Remput-Simplex, Essar-Patel-BSCPL, San Jose-ECI, STS-Era, IVRCL-KMB, Navyug-SEW and Gammon-CMC.
The 343-km project was sliced into three subsets, and the bidders had been qualified to bid for one, two or all three. In the bids, the consortia have offered various levels of discount, depending on the size of projects they get.
Seven consortia of the above bidders were qualified to bid for all the three packages. It will take some time for the Dedicated Freight Corridor Corporation of India, a special purpose vehicle set up under the Ministry of Railways, to evaluate the lowest bidder, as the bids are submitted in multiple combinations.