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| Edited By: K V Ramana |Source: DNA |Updated: Mar 16, 2018, 05:18 AM IST
Can Gammon India hope for a pie of the prestigious Hyderabad Metro project after the recent mishap at a Delhi Metro construction site?
This is the question even the infrastructure major, GVK, which had Gammon as its consortium partner when it bid for Hyderabad Metro last time, is trying to answer. Gammon was building the Delhi Metro structure that collapsed recently. GVK is planning to participate for the Hyderabad Metro for which fresh global bids have been called.
However, it is said to be reworking on the consortium structure.
The other members of the earlier GVK consortium included French company Alstom and IDFC.
The fresh bids were necessitated after the earlier winner, Maytas Infra, failed to achieve financial closure for the Rs 12,132 crore project.
Not willing to let into the plan the infrastructure major has in mind, GVK group chairman G V Krishna Reddy said, “We may look at and join hands with new partners if it is required to meet qualification norms. We are open to add more partners to our consortium to bid for Hyderabad Metro.”
However, he did not specify if any of the partners would be dropped. According to him, the group would finalise the partners shortly.
GVK would continue with either all or some of its earlier partners and also consider joining hands with new ones based on the requirements to be prescribed by the state government for the project.
However, official sources said that the government as a public partner in the project would have some thinking to do before allowing Gammon as Andhra Pradesh, too, has an experience of a Gammon structure collapsing.
It was the Delhi Metro chief E Sreedharan who had objected over the bid allotment to Maytas earlier, and now with the Delhi Metro chief himself having a bitter experience with Gammon, sources said, GVK might rework the consortium.
Hyderabad Metro is said to be India’s first two-track elevated transit system and one of the largest projects of its kind in the world involving development of 71.16 km rail network.
