Indian government-owned IRCON International Ltd. on Friday evening emerged as the lowest bidder for the 82.15 km Delhi – Meerut RRTS Line‘s Package 19 involving 25kV AC overhead equipment (OHE) electrical supply works, after officials from the National Capital Region Transport Corporation (NCRTC) opened financial bids submitted by different firms.
NCRTC invited bids in January from firms in 2 lots (sub-packages) – the first from Sarai Kale Khan to Duhai EPE and the second from Duhai EPE to Modipuram. They opened technical bids in June to reveal 7 firms had submitted a total of 11 bids. During technical bid evaluation, Tata Project’s bid for Lot-1 and Linxon’s bid for Lot-2 were rejected and as such their financial (price) bids were not opened.
Financial Bid Values:
Firm Bid
IRCON International Ltd. Rs 317.80 cr
Sterling & Wilson Pvt. Ltd. – STS JV Rs 325.93 cr
Siemens Ltd. – KEC International Ltd. JV Rs 347.43 cr
Larsen & Toubro Ltd. (L&T) Rs 405.00 cr
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