Business Standard

Last date for Metro Rail RFQ applications sale extended

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BS Reporter Chennai/ Hyderabad

The last date for sale and submission of request for qualification (RFQ) applications for the Rs 12, 132-crore Hyderabad Metro Rail project is extended till December 14, 2009, from the earlier November 27.

Eight firms – L &T, Lanco, India Bulls, DB Group, VNR, GVK, Reliance (Anil Dhirubai Ambani group) and Essar – had purchased the forms after the government called for fresh bids for the elevated rail project under the public-private partnership mode.

Maytas has bagged the project in 2008 and was supposed to achieve financial closure in March 2009. It cited global credit crunch in raising the funds for its inability to achieve financial closure.

 

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First Published: Dec 11 2009 | 12:49 AM IST

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