In a closely contested competitive bidding process for the role of Owner's Engineers for the Hyderabad Metro Rail Project (HMRP), a consortium consisting of Feedback Ventures Private Limited (FVPL), AECOM Asia Company Limited and AECOM India Private Limited has been appointed by the project concessionaire L&T Metro Rail (Hyderabad) Limited. The contract was signed in Hyderabad today. The bid was a tight contest to the wire between an American, British, French, Indian and European consortium.
The 12,132 crore project is one of the most prestigious & single biggest BOT/EPC contract bagged by L&T that involves construction of 71.6 km of elevated metro rail and 18 million sqft land development along the corridor of the metro rail project. The project is expected to be completed in five years. FVPL and AECOM will share the technical resources required to execute the project.
Mr. Parvesh Minocha, Managing Director, Transportation Advisory & Engineering Division of FVPL said, “Our involvement in the HMRP as L&T's advisers at the bid stage helped us understand the nuances & working of the current role. AECOM’s partnership will help us to provide L&T with the best in class global practices needed to deliver a world class metro rail project that the residents of Hyderabad can be proud of. This project is indeed a prestigious one & highlights our expertise in successfully completing the metro projects”
As advisers to the Delhi Metro Rail Corporation, Mumbai Metro Rail project of MMRDA and now the Hyderabad Metro, Feedback Ventures is the only Indian company with a leadership position on metro rail projects in the country.
About Feedback Ventures -
Feedback Ventures is India's leading integrated infrastructure services company providing Strategic & Financial Advisory, Planning & Engineering, Project Management and Operations & Maintenance services through almost 1000 people working on projects, globally. Focused on providing services for the creation and management of infrastructure, the company has become known both for its innovative work as well as for its ability to ensure successful implementation of infrastructure projects. The company's mission is to make infrastructure happen and improve people's lives by supporting the development process that impact communities.
About AECOM -
AECOM is one of the largest and most respected providers of professional, technical and management support services in the world. The Company's markets include transportation, facilities, environmental, energy, water and government. The company has over 51,000 employees serving clients in more than 100 countries. It is a recognized industry leader, ranked as the No. 1 design firm in The Top 500 Design Firms listing and consistently ranked No. 1 in key market sectors globally, according to Engineering News-Record’s The Top 500 Design Firms Sourcebook for 2010.
