East Metals AG bags Rs 93 cr Head Hardened Rail contract for Kanpur & Agra Metro

Anushka Khare Posted on: 2021-05-02 11:42:00 Viewer: 557 Comments: 0 Country: India City: Lucknow

East Metals AG bags Rs 93 cr Head Hardened Rail contract for Kanpur & Agra Metro

Lucknow, India (Urban Transport News): The Uttar Pradesh Metro Rail Corporation Ltd (UPMRC) on April 29, 2021, has awarded a contract worth Rs 93 crores to a swiss company East Metals AG for the supply of 17,700 MT Head Hardened Rails (60 E1, IRS-T-12-2009, 1080 grade HH) for Kanpur and Agra Metro Rail projects under Contract Package KNAPGT-1.

"Based on Technical and Financial evaluation of offers submitted on 11.01.2021 and as per terms and conditions of the Tender KNPAGT-01, tender for 80% of net procurable quantity has been awarded to M/s East Metals AG on 20.04.2021 at a total cost of INR 15,00,96,000/- and USD 1,06,20,000/- inclusive of all taxes, duties, levies, cess, royalties etc. and all other incidental charges (except Concessional Custom Duty and Goods and Services Tax-GST) with the approval of competent authority i.e. MD/UPMRCL. Process for the award of tender for remaining 20% of net procurable quantity has been initiated in accordance with the terms and conditions of the Tender," said the official statement issued by UPMRC.

Tender for this package was invited in February 2020 with an estimated cost of Rs 126.90 crores and the Technical bids were opened in January 2021. A total of three firms viz.  East Metals AG, Mitsui & Co. and Jindal Steel & Power Ltd (JSPL) were shortlisted after technical evaluation.

The contract worth Rs 64.52 crore under package KNAPGT-2 was awarded to Voestalpine VAE VKN India Pvt. Ltd. for the supply of standard gauge UIC 60 turnouts, scissor crossovers and check rails for Kanpur and Agra Metro in September last year.

The contract worth Rs 363.68 crore under package KNAPGT-3 was awarded to Larsen & Toubro Ltd (L&T) for Installation, Testing & Commissioning of Ballastless Track of Standard Gauge in 4 Corridors with the supply of fastening systems and associated Ballasted/Ballastless Tracks in 4 Depots in February this year.

However, the contract package KNAPGT-4 for Supply of 1620 MT Rails (UIC 60 / 60 E1, IRS-T-12-2009, 880 grade, Class A) for Kanpur & Agra Metro had been cancelled as there was a single bid received from Steel Authority of India Ltd (SAIL).

  




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