Tata Projects-Marubeni to bid for western freight corridor
08 Mar 2013
Tata Projects, having already bagged a contract for the eastern railway freight corridor with Aldesa of Spain, has now joined hands with Japanese construction firm Marubeni to bid for the western freight corridor.
The Marubeni-led consortium also has IVRCL, KEC, Simplex and Gammon.
A senior Tata Projects official said the financial bids for Phase I of the western corridor project will be opened in two months.
Phase I is divided into three parts – Rewari-Phulera (283 km), Phulera-Palanpur (342 km) and Palanpur-Vadodara (305 km). Four consortiums led by four Japanese companies, Sojitz (with L&T), Mitsui (with Ircon and Leighton), Marubeni (with Tata Projects and others) and Mitsui qualified to bid for Phase I.
The project cost for eastern and western freight corridors is pegged at Rs88,000 crore. When the two corridors were conceptualised in 2005, the cost was estimated at Rs28,000 crore.
Earlier the Tata Projects-Aldesa JV had won the contract for Kanpur-Khurja Phase I on the eastern corridor. The JV had put in a bid of Rs3,300 crore for laying tracks of 351 km. The project is scheduled to be completed in four years.