Business Standard

Saturday, December 21, 2024 | 03:25 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Fresh MoU for Ph II MMTS to be inked soon

The initial phase works amount to Rs 389 crore

Image

BS Reporter
The South Central Railway (SCR) would soon enter into a fresh MoU with private partners for the execution of Phase-II multi-modal transport system works in the city.

PK Srivastava, general manager of SCR, said "due to some contractual differences from a JV partner involved in the project, we decided to go for a fresh MoU."

He said there would not be any escalation in the project cost, and added, they had talks with GMR and Tata Projects and would soon sign an MoU them for the project.

Kalindee Rail Nirman and UK-based Balfour Beatty had bagged the contractual works from Rail Vikas Nigam (RVNL) in a joint venture for executing the Rs 819 crore urban transport project.
 

The initial phase works amount to Rs 389 crore. These include quadrupling of tracks for sections between Ghatkesar and Moula Ali and patch-doubling of track between Moula Ali and Sithaphalmandi, restoration of track between Tellapur-Ramachandrapuram; and doubling between Bollarum-Medchal.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 11 2014 | 8:27 PM IST

Explore News