Bangalore city-airport rail project to kick off in July

New Delhi: Implementation of the high-speed rail link from Bangalore city to the Devanahalli international airport has gathered momentum with the Karnataka Government fixing a time-frame to start the work latest by July this year.
As the $2-billion (Rs 9,270 crore) project will be taken up on a public-private partnership basis, the government has shortlisted five companies for final bidding.
The companies are: Reliance Infrastructure and CSR Nanjing Puzhen Rolling Stock Company of China, Larsen & Toubro and Transco Ltd, ITD-ITD Cementation joint venture (Italian-Thai Development Public Company and ITD Cementation India Limited), Pioneer Infratech and Siemens Project Ventures Gmbh, and Lanco Infratech and OHL Concesiones of Spain.
The Bangalore Airport Rail Link Limited, a special purpose vehicle formed by the Karnataka State Industrial Investment and Development Corporation to implement this project, has shortlisted these five companies for final bidding, sources in the Karnataka’s Infrastructure Development Department told Deccan Herald.
“As most of the hurdles have been cleared, the government is keen to push forward the project with the completion of the final bidding process by April and signing of MoU with the private company by May or June this year,” the sources added.
02/02/10 Ajith Athrady/Deccan Herald

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Categories: Airports Feb 2010