Help Desk -
9958816305, 9810335381
Email
Password

ArcelorMittal Espana L1 in Head Hardened Rail Supply Tender for Delhi Meerut RRTS Project

Steel News - Published on Mon, 03 Aug 2020

Image Source: NCRTC Head Hardened Rail ArcelorMittal Espana
Urban Transport News reported that the National Capital Region Transport Corporation on 28th July 2020 opened the financial bids of the contract called for the supply of 22,000 tonnes of 60E-1 1080 Grade Head Hardened Rails Class-A undrilled Rails conforming to IRS T-12-2009 for the underc onstruction Delhi-Meerut Regional Rapid Transit System corridor. As per the financial bid result, Spanish firm ArcelorMittal Espana SA has emerged as the lowest bidder among the other four contenders. As per the data revealed by the NCRTC, the financial position of each bidder is as under
1. ArcelorMittal Espana SA: INR 144.79 crore
2. Mitsui & Co Ltd: INR 148.15 crore
3. East Metals AG: INR 150.62 crore
4. Voestalpine Schienen GmbH: INR 155.01 crore

As per report, Jindal Steel & Power Limited had also participated in this contract but not found technically compliant according to the conditions laid down in the tender notice, so their financial bid was not opened.

Now NCRTC will have to issue the Letter of Acceptance to ArcelorMittal Espana SA after evaluating the technical and financial bids. The firm has to complete the delivery of 22,000 tonnes of Head Hardened Rails in 24 months from the date of issuance of LOA.

AIIB & ADB funded Delhi-Meerut RRTS corridor consisting total 22 railway stations, including 6 stations of Meerut Metro Rail Project, will connect Delhi to Meerut through a rapid rail network at projected cost of INR 30,274 crores by 2024

Source :

Posted By : Yogender Pancholi on Mon, 03 Aug 2020
Related News from Steel segment