MTC – Chennai Monorail: Poonamallee to Kathipara – Tamil Nadu - Project Profile

MTC – Chennai Monorail: Poonamallee to Kathipara – Tamil Nadu - Project Profile

  • March 2018 •
  • 8 pages •
  • Report ID: 4474679
Synopsis
"MTC – Chennai Monorail: Poonamallee to Kathipara – Tamil Nadu - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MTC – Chennai Monorail: Poonamallee to Kathipara – Tamil Nadu - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
The Metropolitan Transport Corporation (Chennai) Ltd (MTC) is undertaking the construction of a monorail corridor in Tamil Nadu, India.

The project involves the construction of a 20.68km monorail corridor from Poonamallee to Kathipara with a link from Porur to Vadaplani. It will include the construction of stations, platforms, an administrative space and other related infrastructure facilities, the installation of signaling and safety systems, and the laying of rail tracks.

In February 2014, MTC issued a request for qualification (RFQ) from interested parties to develop the project.

The project will be developed through a public-private partnership (PPP) on a design, build, finance operate and transfer (DBFOT) basis.

In March 2014, two consortia were shortlisted for the final bidding process, which includes a consortium of Essel Infrastructure and Scomi Group; and a consortium of Gammon India Ltd and IL&FS Transportation Network.

On November 20, 2014, MTC secured in-principle approvals from the Central Government for the project.

In February 2015, MTC is in a process to issue a request for proposal (RFP) for the qualified bidders in the first quarter of 2015. The successful bidder in the RFP stage will be paid US$155 million towards grant from MTC.

MTC restructured the project to make more viable and had allotted US$32 million and will be released once the contractor is identified.

In March 2015, tendering process was underway with the bids submission deadline of April 24, 2015.

In November 2015, bids evaluation is underway and the Centre Government is in the favor of appointing consortium Essel Infrastructure and Scomi Group.

In July 2017, the Tamil Nadu Government announced to initiate a fresh tender process.

As of March 2018, the project is facing a delay due to financial and political issues.

Scope
The project involves the construction of a 20.68km monorail corridor from Poonamallee to Kathipara via Porur in Chennai, Tamil Nadu, India.

The US$522 million project includes the following:
1. Construction of stations
2. Construction of platforms
3. Construction of an administrative space
4. Installation of signaling and safety systems
5. Laying of rail tracks

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=India Industry=Construction ParentIndustry=HeavyIndustry Date=201803 Publisher=Timetric Price=1000