Monday, September 28, 2009

Italian company to bid for Hyderabad metro rail project

BL reported that Italian engineering company Metropolitana Milanese SPA an under the purview of the Milan municipality has decided to bid for the Hyderabad metro rail project.

Mr Lanfranco Senn chairman of Metropolitana Milanese told Business Line that the company, along with other consortium partners, would throw its hat into the ring. According to him, it brings to the table technical know how of designing, supervising and construction of metro rail systems in a difficult geological environment. When the bids open, it would also be open to the idea of equity infusion in the project.

Mr Senn said the company, along with Systra Group of France which already has been working on the Mumbai metro, would look at options to design other metro rail systems. It is also open to the idea of working with contractors such as Mumbai Metro One, Delhi Metro and Ircon.

Mr Senn said that “From our earlier experiences of designing the Milan line, where the water table is high and Naples with volcanic soil, we have gained valuable knowledge which we want to share with Indian companies. For some sites in Milan, the ground had to freeze before we began underground construction. Such advanced techniques would be handy for the Mumbai metro.”

Metropolitana Milanese designed the 80 kilometer long Milan metro systems from scratch. By 2014, another 70 km would be added to the network. The company has also designed the Naples metro network and three other networks in Europe.

The Hyderabad metro project was derailed when the Andhra Pradesh Government cancelled the contract with a Maytas Infra-led consortium, following the Satyam Computers scam. The State Government has now sought fresh bids for the public-private-partnership project.

(Sourced from http://www.steelguru.com/news/index/2009/09/29/MTEzNzA3/Italian_company_to_bid_for_Hyderabad_metro_rail_project.html)

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