India-Bids open for monorail
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BANGALORE, India: The proposed 59-km monorail , conceived to act as a feeder service to the Metro project, is seeing some sparks of light. Though the project is pending before ABIDe for approval, two infrastructure majors on Friday inked a joint bidding agreement for the monorail proposal in Bangalore. Malaysian-based Scomi Group Bhd and city-based Geodesic Techniques Private Limited, an engineering design and structural company, signed an agreement to submit a joint proposal to the Karnataka government to design, build, own, operate and transfer three monorail lines at an estimated cost of $2.4 billion, for the first phase
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Saturday 31 October, 2009 07:38 AM |