Hyundai Rotem wins Hyderabad metro rolling stock contract
INDIA: Hyderabad metro design, build, finance, operate and transfer concessionaire Larsen & Toubro Metro Rail (Hyderabad) Ltd has awarded Hyundai Rotem a Rs18bn contract to supply 57 three-car trainsets.
The three-line network totalling 72 km is currently under construction and is expected to open in phases from late 2014 to 2017. The rolling stock contract requires the trains to be delivered nine months before the opening of each section.
Hyundai Rotem beat rival bids submitted by Bombardier, CAF and China’s CSR Corp. The contract will be denominated in rupees so that L&T is not exposed to foreign exchange risks.
|Hyderabad metro project|
|Line I||Miyapur - LB Nagar||28·9 km||27 stations|
|Line II||Jubilee Bus Stand - Falaknuma||14·8 km||16 stations|
|Line III||Nagole - Shilparamam||27·5 km||23 stations|