Indo-Taiwan consortium wins Greater Noida Metro in fast lane

It's a good news for all Delhi NCR, specially Noida & Greater Noida people. As Indo-Taiwan consortium wins Greater Noida Metro in fast lane, The financial bid for the 28.8-km Noida-Greater Noida Metro link was finalized on Wednesday by the DMRC (Delhi Metro Rail Corporation). Work on the ground for the track is now expected to begin by June 15.

In this tender, as it had been divided into 3 parts, has been awarded to a consortium of Taiwanese and Indian companies working with a Spanish consultant. The joint venture consisting of Continental Engineering Corporation and Ayesa Engineering, will undertake the construction of the track work for about Rs 1,500 crore, about 15% less than the estimated cost of Rs 1,735 crore.

This will be the first Metro link providing connectivity between the two cities Greater Noida and Delhi. The chairperson and CEO (Noida, Greater Noida and Yamuna Expressway Authorities) Rama Raman siad, "The route will prove to be a milestone in the future development of not only the twin cities but the entire state of UP. The Metro will boost urbanization, generate employment and provide a surge to economic activity".

According to DMRC officials, the contract with the consortium involves designing and construction of elevated viaduct and 22 elevated stations. The work is to be completed within 24 months. The technical bids for the track were finalized in March this year. There are 30 companies had put in their bids for the mega project.

DMRC said, all tenders related to civil works for the track have already been awarded. All other tenders related to electrical work, signalling and telecommunication, commissioning of overhead equipment, modification and shifting of EHT transmission lines infringing the Noida-Greater Noida corridor at various locations, will soon be finalized.

By June 15 all tenders will be cleared even as civil work should start in the next fortnight, officials said. With the Metro link on track, work on the route, which is estimated to cost Rs 5,526 crore, is expected to be completed by December 2017.

NMRC has already approved the design of the Metro coaches and stations. The Noida-Greater Noida Metro will also support Platform Screen Door technology. This 'cutting-edge' safety feature consists of transparent doors that separate rail tracks from platforms. Train doors and platform doors are aligned and open simultaneously after the train has stopped preventing accidents. The Metro will also be equipped with an Automated Fare Collection system, officials said.

This 28.8-km Metro loop will change the scenario & boost the Real Estate Market for Noida & Greater Noida.