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INDIA : Shanghai Tunnel Engineering Co. Ltd. submits the cheapest bid for construction of New Ashok Nagar - Sahibabad tunnel

 

Urban Transport News report National Capital Region Transport Corporation (NCRTC) tender for the construction of 5.6 km railway tunnel New Ashok Nagar – Sahibabad line saw five bidders. All of them are well known companies in India and previously well vetted by the officials of NCRTC.

When the bids were opened on June 12th, Shanghai Tunnel Engineering Co. Ltd. (STEC) of China came as the one with the cheapest bid at Rs 1,126 crore beating 2nd L&T Ltd,3rd GÜLERMAK AS, 4th Tata Projects Ltd. - SK E&C JV and lastly 5th Afcons Infrastructure Ltd.

If no last minute problems arise, Chinese company will get the contract.

https://www.urbantransportnews.com/stec-bags-rs-1126-crore-civil-contract-package-4-of-delhi-meerut-rrts-line/

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