| wassup here? uma?
| only Reliance & ILFS bid
| both higher than 1500 cr est of MMRDA
| MMRDA is seeming sort of reluctant
| Jaipal Reddy said to Mumbai: No-reform-No-money
| now HT says
Rel Energy leads in Mumbai MRTS joust
Sandeep Bamzai
New Delhi, January 16, 2006
The first visible signs that the National Urban Renewal Mission juggernaut
is finally moving came on Monday when Reliance Energy led the bids to
develop the megalopolis? mass rapid transit system. ...
...
The Reliance Energy-led consortium is 100 per cent owned by Reliance
Energy and both Connex and HK MRT will act as technical consultants. This
will be a 100 per cent SPV owned by Reliance Energy. However, the entity
which will execute the project will be 74 per cent owned by Reliance
Energy and the balance 26 per cent will vest with MMRDA.
The project is proposed to be implemented on a BOOT basis through the PPP
model. The GoM?s necessary approvals have been obtained. There is a
possibility of relaxing the normal concession period of 25 years and
extend it to 35 years (including a maximum of five-year construction
period.)
...
http://www.hindustantimes.com/news/181_1600414,0035.htm
> High bids stun MMRDA, may delay metro rail
>
> Rajshri Mehta
> Tuesday, January 17, 2006 00:50 IST
>
>
> MUMBAI: The Reliance Energy-led consortium has emerged as the lowest
> bidder
> to construct the city?s first metro rail project on an 11km stretch
> between
> Versova and Ghatkopar.
> When the financial bids were opened ? after the deadline was extended
> twice
> for 60 days ? Reliance had put construction costs at Rs2,356 crore. The
> second bidder, Infrastructure Leasing and Financial Services, quoted
> Rs3,406
> crore.
> In addition, Reliance and IL&FS want Rs1,251 crore and Rs1,296 crore,
> respectively, as viability gap funding.
> ............
> The VAG metro ? the first to be implemented ? is part of the 146km master
> plan drawn up by Delhi Metro Rail Corporation after it was appointed
> consultant.
> The MMRDA will have 26 per cent stake in the project, which is to be
> constructed through a public-private partnership. The remaining 74 per
> cent
> will be invested by the bidders.
>
> http://dnaindia.com/report.asp?NewsID=1007977
>
>
>
> --
> No virus found in this outgoing message.
> Checked by AVG Free Edition.
> Version: 7.1.375 / Virus Database: 267.14.19/231 - Release Date: 1/16/06
>
> _______________________________________________
> mpisgmedia mailing list
> http://mail.architexturez.net/mailman/listinfo/mpisgmedia + Planning
> collaborative at http://plan.architexturez.org/
>
| only Reliance & ILFS bid
| both higher than 1500 cr est of MMRDA
| MMRDA is seeming sort of reluctant
| Jaipal Reddy said to Mumbai: No-reform-No-money
| now HT says
Rel Energy leads in Mumbai MRTS joust
Sandeep Bamzai
New Delhi, January 16, 2006
The first visible signs that the National Urban Renewal Mission juggernaut
is finally moving came on Monday when Reliance Energy led the bids to
develop the megalopolis? mass rapid transit system. ...
...
The Reliance Energy-led consortium is 100 per cent owned by Reliance
Energy and both Connex and HK MRT will act as technical consultants. This
will be a 100 per cent SPV owned by Reliance Energy. However, the entity
which will execute the project will be 74 per cent owned by Reliance
Energy and the balance 26 per cent will vest with MMRDA.
The project is proposed to be implemented on a BOOT basis through the PPP
model. The GoM?s necessary approvals have been obtained. There is a
possibility of relaxing the normal concession period of 25 years and
extend it to 35 years (including a maximum of five-year construction
period.)
...
http://www.hindustantimes.com/news/181_1600414,0035.htm
> High bids stun MMRDA, may delay metro rail
>
> Rajshri Mehta
> Tuesday, January 17, 2006 00:50 IST
>
>
> MUMBAI: The Reliance Energy-led consortium has emerged as the lowest
> bidder
> to construct the city?s first metro rail project on an 11km stretch
> between
> Versova and Ghatkopar.
> When the financial bids were opened ? after the deadline was extended
> twice
> for 60 days ? Reliance had put construction costs at Rs2,356 crore. The
> second bidder, Infrastructure Leasing and Financial Services, quoted
> Rs3,406
> crore.
> In addition, Reliance and IL&FS want Rs1,251 crore and Rs1,296 crore,
> respectively, as viability gap funding.
> ............
> The VAG metro ? the first to be implemented ? is part of the 146km master
> plan drawn up by Delhi Metro Rail Corporation after it was appointed
> consultant.
> The MMRDA will have 26 per cent stake in the project, which is to be
> constructed through a public-private partnership. The remaining 74 per
> cent
> will be invested by the bidders.
>
> http://dnaindia.com/report.asp?NewsID=1007977
>
>
>
> --
> No virus found in this outgoing message.
> Checked by AVG Free Edition.
> Version: 7.1.375 / Virus Database: 267.14.19/231 - Release Date: 1/16/06
>
> _______________________________________________
> mpisgmedia mailing list
> http://mail.architexturez.net/mailman/listinfo/mpisgmedia + Planning
> collaborative at http://plan.architexturez.org/
>