BL reported that Malaysia based Scomi International and Geodesic Techniques of Bangalore will submit a proposal to the Karnataka Government on Friday for commissioning a monorail system in the Garden City.
The cost of the 20 kilometer light rail link is INR 2,450 crore and the project is scheduled for completion in 30 months.
Mr Kanesan Veluppillai president of Scomi International told Business Line that Scomi and Geodesic would submit both the technical and commercial bids for the project.
Mr Suhaimi Tan Sri Yaacob Scomi Group president of India said that monorail projects would not be held up for long unlike others which involve major land acquisition as the footprint of the system is small.
The company had completed the feasibility study on the proposed link which, in general, would be along corridors where the bus movement is stalled due to traffic congestion.
This apart, the Karnataka Government had also identified three corridors, totaling 59 kilometer for monorail and completed the mandatory public hearing for them. However, the state might want to take it up in phases.
Early this year an L&T and Scomi consortium bagged the first phase of the Mumbai monorail contract floated by the Maharashtra Metropolitan Region Development Authority.
(Sourced from Business Line)
