Wednesday, August 18, 2010

Proposal for Monorail project okayed

Proposal for Monorail project okayed
Bangalore, August 17, DH News Service:

The State Government on Tuesday decided to accept a proposal by a Malaysian company to construct monorail network from Majestic to Agara (Bangalore South) under the Swiss Challenge.


Speaking with reporters after a meeting with officials of Infrastructure Development, Chief Minister Yeddyurappa said Scomi-Geodesic has come forward to execute the work on 15-km mono rail network in the first phase, the tender for which will soon be floated.

The company had submitted its proposal during the Global Investors’ Meet. It has quoted Rs 140 crore to per kilometre of the proposed rail network.

The project is the first taken up by the Government under Swiss Challenge. Under this method, a global tender will be floated based on the technical and financial parameters proposed by the Malaysian firm. Any company can then challenge any component of the original proposal.

Expert committee

The Government will then set up an expert committee to evaluate the original proposal with that of those challenging it. It will finally select a proposal or a mix of proposals, as a project and give its nod for implementation, officials said. The company’s original proposal is to set up a 58 kms of mono rail network in three corridors in Bangalore. The alignment has been planned within 5 to 7 kms radius of the Vidhana Soudha.

It has proposed 55 stations, including inter-change stations at Sujatha theatre near Rajajinagar, Hudson circle and St John’s Hospital, and three depots.

The company has proposed to integrate the mono rail with other mass rapid transit systems being implemented in the City, including the Metro rail.

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