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Five companies place bids for Visakhapatnam metro in India

The bidding process was initiated by Amaravati Metro Rail (AMRC) for the construction 43km-long Visakhapatnam Metro Rail (VMR) network. The five firms are Adani Enterprises, TRIL Urban Transport, the Shapoorji Pallonji and Company, ESSEL Infraprojects and IL&FS Rail, reported media sources. AMRC is now set to evaluate the bids and ...

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Kawasaki Rail Car wins $1.4bn subway car contract

KRC was awarded the deal following approval from the MTA board.   Kawasaki plans to build the contracted R211 subway cars at its US facilities.   The company’s Nebraska plant will manufacture the car body structure and install the interior equipment, while final assembly and testing will be carried out ...

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Contract awarded for $8.4bn Metro Tunnel project in Australia

The partnership, which features Lendlease, John Holland, Bouygues Construction and Capella Capital, was selected to deliver a A$6bn ($4.59bn) tunnel and stations package in support of the development. The deal covers the financing, design, construction and maintenance of the package for a period of approximately 25 years. Cross Yarra Partnership ...

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Bangalore metro project in India receives $335m loan

The latest investment in support of the Bangalore Metro Rail Project—Reach 6 (R6) also represents AIIB’s first joint financing partnership with the development’s lead financier, the European Investment Bank (EIB), which has contributed a total of $587m in funding for the project to date. R6 aims to provide high-capacity north-south connectivity ...

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