DMRC extending tender deadline for third time

Q: Hi, It is really a sad news for all that there is a delay in Thiruvananthapuram and Kozhikode monorail project. Is there any reason for extending the date for monorail tender? When is the next date for submission of tender?

Himangi deshmukh, Delhi-NCR

31st January 2014

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Deep, can you tell me Which are the company showing interest in this project? Who is the principal advisor of the DMRC and what was his earlier statement?

Amit Raj, Delhi-NCR

31st January 2014

Comment

Ofcourse, Malaysian firm Scomi and Canadian form Bombardier have contacted state government expressing interest in the project. More picture will clear after submission of the report to PWD by DMRC. DMRC’s Principal Advisor E. Sreedharan had earlier said the project could be completed in three years if funds and land were made available on time.

Deep Thakur, Delhi-NCR

31st January 2014

Why there is a delayed in Thiruvananthapuram and Kozhikode monorail projects? How much is the periodic consultancy fee for DMRC determined by the Finance Department?

Amit Raj, Delhi-NCR

31st January 2014

Comment

There is a cold response of the Finance department to the monorail project. As it is mention in the statement that DMRS has to pay consultancy fee of Rs 180 crore in 20 instalments. The government has already paid two installments of consultancy fee.

Deep Thakur, Delhi-NCR

31st January 2014

well, Do you have any information regarding, how much it cost to complete Thiruvananthapuram and Kozhikode monorail projects? How much DMRC has to pay as a consultancy fee?

Amit Raj, Delhi-NCR

31st January 2014

Comment

Not very sure but i collect some information from TOI. The Thiruvananthapuram and Kozhikode monorail projects are estimated to cost Rs 5,581 crore. DMRC has to be paid 3% of the project as consultancy fee. It also came to know that the State Government will raise 20% fund while the Union Government will have to raise 20% and the rest will be funder by the private groups. Some Indian bank may also take part in funding the project.

Deep Thakur, Delhi-NCR

31st January 2014

Yes, Himangi, people have to wait for some more days. This is the third time when DMRC extending the tender date. Finance department is not interested on the monorail project and is hesitant to even spend amount to run the office of Kerala Monorail Corporation Limited (KMCL). The next date for submission of tender is March 31, 2014. PWD said the date would be extended again as companies interested in the bid have bid have required a longer period.

Deep Thakur, Delhi-NCR

31st January 2014

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