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S.ravi
Advanced Member
India
4205 Posts |
 Posted - 08/16/2008 : 11:12:31
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Hyderabad Metro to appoint independent engineering group http://steelguru.com/news/index/2008/08/16/NTg5MzM%3D/Hyderabad_Metro_to_appoint_independent_engineering_group.html
August 16, 2008
BL reported that Hyderabad Metro Rail Ltd’s INR 12,000 crore metro rail
project will call for global bids in a few days to appoint independent engineers
to evaluate the design for the project. The report said that the independent
engineers would have 200 to 250 engineering professionals with expertise in
assessing and scrutinizing a variety of aspects that would go into the totally
elevated project.
Mr NVS Reddy MD of HMRL told Business Line that “We will be floating global
bids for short-listing and selecting the IE group to take up the assignment that
is estimated at INR 120 crore. Being a neutral body, it will study the project
and submit its report.”
He said that the independent engineers group could either be one single company,
or, it could be a consortium comprising not more than three firms, which
developed expertise in this particular area.
Mr Reddy said that the Maytas-Nava Bharat Ventures consortium, which would
implement the project under the design, build, finance, operate and transfer
mode, would appoint its own general consultant for the design part. It said that
the design prepared by this consultant would go for scrutinizing to check
whether it has met the basic specifications agreed upon.
The mass rapid transport system, which is being built in a unique model where
the Government will earn money for awarding the project to a private party,
would have a total of five broad agencies to assess, advice, supervise and
implement the 71.16 kilometer project.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 09/15/2008 : 09:48:58
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Concession pact for Hyderabad Metro soon
http://steelguru.com/news/index/2008/09/14/NjI5MzQ%
3D/Concession_pact_for_Hyderabad_Metro_soon.html
September 15, 2008
BL reported that concession agreement for INR 12,000 crore Hyderabad
Metro Rail Project between the government of Andhra Pradesh and
Maytas Nava Bharat consortium, that won the mandate for constructing
the project, would be signed in the next 2 weeks.
Simultaneously, they would also sign the shareholders' agreement.
The consortium has reportedly submitted relevant papers with the
Registrar of Companies here for formally registering the company.
The consortium is supposed to form the company to sign the agreement
kicking off the project.
While the Government of Andhra Pradesh would have 11%in the company,
the two major consortium partners would have 26% each. This primary
arrangement could not be altered through the completion of the
project and for 5 years thereafter.
Mr NVS Reddy MD of Hyderabad Metro said that they could dilute up to
26% after that 5 year period. He said that "The new company would
have 2 directors from the Government."
As per report, the Golden Share gives the Government the right to
veto any resolution passed by the Board that might go against public
interest.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 09/16/2008 : 13:03:20
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15 Sep, 21:48
From: Indian Railway News <harian...@gmail.com>
Date: Mon, 15 Sep 2008 09:48:58 -0700 (PDT)
Local: Mon 15 Sep 2008 21:48
Subject: Concession pact for Hyderabad Metro soon
Reply | Reply to author | Forward | Print | Individual message | Show original | Report this message | Find messages by this author
BL reported that concession agreement for INR 12,000 crore Hyderabad
Metro Rail Project between the government of Andhra Pradesh and
Maytas Nava Bharat consortium, that won the mandate for constructing
the project, would be signed in the next 2 weeks.
Simultaneously, they would also sign the shareholders' agreement.
The consortium has reportedly submitted relevant papers with the
Registrar of Companies here for formally registering the company.
The consortium is supposed to form the company to sign the agreement
kicking off the project.
While the Government of Andhra Pradesh would have 11%in the company,
the two major consortium partners would have 26% each. This primary
arrangement could not be altered through the completion of the
project and for 5 years thereafter.
Mr NVS Reddy MD of Hyderabad Metro said that they could dilute up to
26% after that 5 year period. He said that "The new company would
have 2 directors from the Government."
As per report, the Golden Share gives the Government the right to
veto any resolution passed by the Board that might go against public
interest.
http://steelguru.com/news/index/2008/09/14/NjI5MzQ%
3D/Concession_pact_for_Hyderabad_Metro_soon.html
September 15, 2008
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 09/18/2008 : 19:50:27
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Maytas bags rail project
To build and run metro across 71.16 km
MML to sign agreement on Friday
Government will invest Rs. 250 crore in cash
HYDERABAD: Maytas Metro Limited, will be the new special project vehicle of Maytas-led consortium to construct and run the elevated metro rail to be built across 71.16 km across three dense traffic corridors of the twin cities.
The new firm whose name was registered with the Registrar of Companies could be having up to five directors with two from the Hyderabad Metro Rail which will act as a mentor monitoring the functioning.
MML will be signing the Concessionaire Agreement including the Manual of Specifications and Standards with the Government on Friday.
Agreement
A shareholding agreement too will be signed with the Government to be represented by HMR Chairman and Principal Secretary, Municipal Administration and Urban Development Department, C.V.S.K. Sarma. Government will invest Rs. 250 crore in cash towards equity participation of 11 per cent in MML, also called as Golden Share equal to 26 per cent holding, giving veto powers on key issues.
Right to lease
MML will have the right to lease land or develop properties over three depots of Miyapur, Falaknuma and Nagole and over parking/circulation areas of about 33 of the 66 stations for the concession period of 35 years.
However, it cannot sell any land with ownership rights remaining with the Government and developed properties are to revert to the latter after expiry of the concession period.
Consortium of Maytas, Maytas Infra, Navabharat Ventures (two city-based firms) with Ital Thai and IL&FS had earlier bagged the Design, Build, Finance, Operate and Transfer the Rs.12,000 crore project by proposing to make payment upto Rs. 30,311 crore while not seeking any Government grant that was on offer. For now, MML will chip in with Rs. 11 crore and within 180 days it will have to provide a bank guarantee of Rs. 240 crore as performance guarantee once the agreement is signed. Metro rails first phase routes are - Line one: Miyapur to L.B. Nagar, Line two: Jubilee Bus Station to Falaknuma and Line three: Nagole to Shilparamam.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 09/19/2008 : 19:27:44
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Worlds best accord signed for Hyderabad metro rail project
HYDERABAD: A significant milestone in commencing work on the Rs. 12,132-crore Hyderabad metro rail project was reached when the Andhra Pradesh government and Maytas Metro Limited , special purpose vehicle constituted to implement it, signed a concession agreement here on Friday.
MML is a concessionaire company for implementation of the project on DBFOT (design, build, finance, operate and transfer) basis. It consists of a consortium of Maytas Infra Limited, Navabharat Ventures Limited, Ital Thai Development Public Company and Infrastructure Leasing and Financial Services Limited.
The agreement for building the metro system spanning a length of 71 km was signed by C. V. S. K. Sarma, chairman, Hyderabad Metro Rail Limited (HMRL) and B. Teja Raju, managing director, MML, in the presence of Chief Minister Y. S. Rajasekhara Reddy.
The State government will have to subscribe an equity of Rs. 250 crore in the company.
Cheque presented
A cheque for Rs. 11 crore was presented to the Chief Minister by Mr. Raju on behalf of the MML as the first instalment of the Rs. 30,311-crore revenue promised to the government over a period of 35 years.
Dr. Reddy, who also launched a portal created for the project ( www.hyderabadmetrorail.in), quoted Prime Minister Manmohan Singh to describe the agreement as the worlds best (in the public-private partnership mode). September 2012 has been fixed as the outer-limit for completing the project. The Chief Minister announced that road-clearing for the alignment of the metro system would begin next month and civil works would start from March.
N. V. S. Reddy, MD, HMRL, later said in the light of the offer made by the developers to implement the project without seeking any government grant, the sum of Rs. 2,300 crore sanctioned by the Centre would be used for allied work.
The Centre sanctioned the money under the original arrangement that the Union and State governments must contribute Rs. 4,800 crore towards the project cost.
He said the metro rail fare would range from Rs. 8 to Rs. 19 on an average.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 09/22/2008 : 21:51:20
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Hyderabad Rail Project To Complete By 2012
http://www.topnews.in/hyderabad-rail-project-complete-2012-269546
Maytas Metro Ltd (MML) would complete the Rs 12,132-crore metro rail
project in Hyderabad. The company has signed concession agreement
with the Andhra Pradesh Government to complete the project.
Maytas Metro Ltd (MML) retains 26 per cent in the project while Nava
Bharat would hold 16 per cent. The remaining shares would be
retained by Nava Bharat and IL&FS besides 11 percent shares of the
state government. The vice chairman of Maytas Infra, Mr B. Teja Raju
said the project would be completed in built, operate and transfer
mode. The company would soon float a tender to ensure scientific
management of traffic during the construction period of the project.
The sate chief minister, Dr Y.S. Rajasekhara Reddy said that the
project would start within six months. The project is planed to
reduce the traffic pressure along the busy roads of Hyderabad. The
length of the rail line would be 71-km and expected to complete by
September 2012. The central government has released its due shares
and state would release its share very soon.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 09/24/2008 : 19:21:48
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Metro partsways with DMRC
24 Sep 2008, 0411 hrs IST,TNN
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HYDERABAD: After an acrimonious exchange of words, the Delhi and Hyderabad Metro Rail authorties have agreed to a divorce by mutual consent with effect from Tuesday thus ending the role of the former as a prime consultant to the latter.
As per the agreement that was arrived at between the two in January 2007, Delhi Metro was to assist the Hyderabad metro authorities in the setting up and operation of its project for five years, for which the latter was to pay the former a consolidated amount of Rs 20 crore. Till now, the Hyderabad authorities have paid Rs 4 crore and with the agreement being terminated as of September 23, 2008, Delhi Metro would be due for another Rs 85 lakh.
"The termination of our agreement appointing Delhi Metro as prime consultant is by mutual consent. When we informed them of our intention to terminate our agreement, they readily agreed. We will pay them the Rs 85 lakh balance amount as final settlement," HMR managing director N V S Reddy told TOI on Tuesday.
As a prime consultant, as per the agreement, the DMRC had to act as a watchdog on behalf of the government of Andhra Pradesh for proper and timely implementation of the project. It had to review and vet the bid documents submitted by the prospective developers during the bidding process. The prime consultant also had to review various technical bid documents given by the bidders. The Delhi Metro also had to assist the government in negotiating with the developers while finalizing tenders for the metro rail project as well as vet the concessionaire agreement before HMR and the developer sign it.
According to Hyderabad Metro Rail officials, the DMRC assisted them in evaluating various bid documents and other agreements. "During the bid evaluation, we had asked DMRC chief E Sreedharan to nominate a person in the committee and he had named one of his directors to the bid evaluation committee," NVS Reddy said.
In terms of what it has done so far, the DMRC had prepared detailed project reports for the metro corridors from Secunderbad to Falaknuma and Miyapur to LB Nagar. When the third corridor from Habsiguda to Shilparamam (later extended to Nagole) was proposed in 2006, the same metro rail corporation prepared the detailed project report.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 09/28/2008 : 03:06:05
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US FTA praises metro rail project
http://www.hindu.com/2008/09/28/stories/2008092853120500.htm
'We are trying to build similar system in Manhattan'
HYDERABAD: The Hyderabad Metro Rail Ltd (HMRL), on Saturday, received support
from the most unexpected quarters -- James S. Simpson, Administrator, Federal
Transit Administration (FTA), US Department of Transportation -- when he
described as outstanding its concession agreement under the public-private
partnership (PPP).
Replying to a query at a press conference here, Mr. Simpson said that it was one
of the largest PPP projects in the world. It was really the way America was
built over the last 100 years. The government granted land and other facilities
for taking up infrastructure development by the private parties. “In
Manhattan, we are trying to build a metro rail system on these lines,” he
said.
Mr. Simpson also said that it was “outstanding to have private sector’s
dollars to spend for public service without casting any burden on people – tax
payers’ money.”
Traffic was a major concern across the globe and the US was losing US $ 100
billion every year because of traffic jams. The State government would soon
enter into a Memorandum of Understanding (MoU) with the FTA on public transport,
which would entail strengthening and sharing of knowledge, science and
technology.
Managing Director of the HMRL N.V.S. Reddy said that the State government would
share the entire documentation of the concession agreement, including the manual
of specifications and standards, with the FTA. The numerous researches on the
mass transit projects would help the State implement projects like Bus Rapid
Transit System and metro rail, Mr. Reddy pointed out.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 10/13/2008 : 04:55:50
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Metro Rail corridors to be taken over
HYDERABAD: The Hyderabad Metro Rail Limited (HMR) and Maytas Metro Limited (MML), special purpose vehicles of the Government and the BOT developer respectively, are planning to take over the three main roads over which the elevated metro rail project is to be built.
The routes of Miyapur to L.B.Nagar (29.87 km) L1, Jubilee Bus Station to Falaknuma (14.78 km)- L2 and Nagole to Shilparamam (26.51 km)- L3, totalling 71.16 kms over which metro rail will be constructed is going to be maintained by these two agencies.
While it is accepted that traffic movement will be hit hard once work starts early next year, the two agencies are preparing a blueprint to lessen the pain, so to say, to the commuters. Other than pressing into service, trained traffic commandoes of about 300 personnel to guide the traffic, at least two lanes on either side of the road is to kept obstruction free.
Marshalling traffic will be a tough task during construction. But, our experience during construction of Punjagutta flyover has shown that if we keep two smoothly paved lanes free of any obstacles and ban roadside parking, traffic movement will be smooth, explains HMR Managing Director N.V.S. Reddy.
Once soil testing is done at various places for piers foundations, there could be digging at 70-80 sites along the three corridors and this bound to affect vehicular movement considering these are some of the dense traffic zones.
To begin with, digging will be taken up wherever the road width is at least 100 ft.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 10/23/2008 : 19:38:20
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Metro rail: relief plan for the affected
Special Correspondent
50-60 acres of government land earmarked and frozen for the purpose
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Compensation could be land to land or 100 p.c. for the poor and weaker sections
It could also be 50 p.c. relief with structural compensation award of GHMC
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HYDERABAD: Hyderabad Metro Rail Limited (HMR), the governments special purpose vehicle to oversee construction of the elevated project, is readying a relief and rehabilitation plan for owners of affected private properties on the three routes.
The compensation could even be land to land or 100 per cent for the poor and weaker sections as also those losing their entire livelihood. Alternatively, it could be 50 per cent compensation and the regular structural compensation award given by GHMC.
Chief Minister Y.S. Rajasekhara Reddy was very clear about total rehabilitation of poor people.
We have earmarked and frozen 50-60 acres of government land for the purpose so that residences can be built very near to the sites where their original plots are, explained HMR Managing Director N.V.S. Reddy.
The extent of land delineated for rehabilitation could be more while the project begins to shape up as HMR was holding negotiations with various government agencies.
The area would be over and above the 269 acres spread over 33 select stations and three depots to be given to Maytas, the BOT developer, for real estate development but would be outside the domain of the latter.
The government has already made it clear that the 269 acres would be only for renting out and not to sell during the concession period of 35 years.
We are not giving them an extra inch of land other than what is there in the agreement.
Maytas can develop up to 18.5 million sq.ft. of property space - 12.5 million sq.ft. over depots and six million sq.ft over stations being built over government land, affirmed Mr. Reddy.
About 1,355 properties, both government and private are going to be affected across the three corridors Miyapur to L.B.Nagar (Line 1), Jubilee Bus Station to Falaknuma (Line 2) and Nagole to Shilparamam (Line 3), for alignments, curves, bends and stations.
Private properties alone constitute a vast majority totalling to 1,266 structures, hence the compensation package.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 11/04/2008 : 21:49:59
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Sreedharan opts not to comment on Andhra's decision to sue
http://news.webindia123.com/news/ar_showdetails.asp?
id=811040632&cat=&n_date=20081104
New Delhi | Tuesday, Nov 4 2008
The Chairman and Managing director of the Delhi Metro Railway
Corporation E Sreedharan today refused to comment on the Andhra
Pradesh Government's decision to sue him for ''tarnishing its
image'' by frequently levelling ''false and baseless'' charges
against the Rs 12,132-crore metro rail project taken up for
Hyderabad.
Addressing a press conference here after the submission of report of
the three-member committee instituted to look into the October 19
accident on the Laxmi Nagar Metro site, Mr Sreedharan, replying to a
question on the Andhra Government decision to file a defamation case
against him, said he would not like to comment on the same.
''Right now, I would like to only concentrate on report on the
October 19 accident. I would not like to comment on any other
matter,'' Mr Sreedharan said.
At a press conference in Hyderabad, Andhra Finance Minister K
Rosaiah, Municipal Administration Minister Koneru Ranga Rao and
Managing Director of Hyderabad Metro Rail Limited (HMRL) N V S Reddy
said the state Government would file a defamation case against Dr
Sreedharan as he had not tendered an unconditional apology sought by
the State government in its letter to him.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 11/05/2008 : 18:48:09
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Railway Ministry urged to approve SPV proposal
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YSR writes to Lalu Prasad reiterating commitment on funding for MMTS
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HYDERABAD: The government has once again requested the Railway Ministry to approve formation of a Special Purpose Vehicle (SPV) as well as extension of the Multi-Mode Transit Services (MMTS) trains under phase two.
In a communication to Union Minister for Railways Lalu Prasad a fortnight ago, Chief Minister Y.S. Rajasekhara Reddy reiterated the governments commitment to fund 66.6 per cent or two-thirds of the project cost now estimated to be more than Rs. 600 crore, up from Rs.365 crore when it was conceptualised four years ago.
The South Central Railway (SCR) as well as the government had sent proposals to the Ministry about the project entailing the development of four corridors: Secunderabad-Medchal-Manoharabad (41 km), Secunderabad-Ghatkesar-Bhongir (46 km), Falaknama-Shamshabad International Airport (20 km) and Lingampally-Patancheru (8 km).
A detailed feasibility and investment banking study carried out by L&T Ramboll early this year had suggested different investment procedures for each route and had also pointed out that the Secunderabad-Medchal-Manoharabad section was the most viable followed by the Secunderabad-Ghatkesar-Bhongir section. While these two sections could easily be developed without any revenue grants, the Falaknuma-Shamshabad section could incur an additional cost of Rs. 582.11 million for operations. It was categorical that the Public-Private Partnership (PPP) mode was financially unviable for all these routes and both the government and Railways should consider developing them with own or borrowed funds.
Clearance in 2004
Incidentally, the State Cabinet had cleared the SPV proposal in 2004 itself to generate revenue through commercial exploitation of space at stations for better financial viability. The plan was to hand over all stations except Secunderabad, Nampally and Kacheguda to the SPV for commercial operations, real estate development, advertisements and also facilitate transit-oriented development - allow housing colonies to come up in the vicinity of each MMTS station. With the authorised capital of Rs. 1,000 crore, both parties were expected to pitch in Rs. 150 crore each then with the debt equity ration to be 2:1. Dr. Reddy without going into precise details had reminded Mr. Yadav that there has been no response despite repeated requests to clear the SPV. Besides, he pointed out that six more rakes were yet to be supplied for running the MMTS Phase one of the 16 rakes for which money was paid. Presently, all the services are crowded and the extra rakes were needed to enhance the services frequency and augment the existing capacity, he added.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 12/15/2008 : 19:38:28
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Metro rail: Defence authorities seek share in profits
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17 acres is being sought from Cantonment Board and Defence Estates Office
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HYDERABAD: The Hyderabad Metro Rail Limited (HMR) seems to be making considerable headway in getting permission from the Union Ministry of Defence for allowing right of way and overhead stations for the proposed metro routes.
The Defence Estates Office here is quite amenable to provide the necessary land on lease on perpetuity but is seeking a 50 per cent share in profits of revenues from the commercial space of the proposed stations on the stretch.
The project is being taken up for the public good and we have no qualms in supporting the initiative. We are only looking to get some revenue out of the enterprise, said Defence Estates Officer S. Balakrishna. A total of 17 acres is being sought from the Secunderabad Cantonment Board (SCB) and Defence Estates Office.
Proposed lines
Two of the three metro rail lines of phase one pass through the area Jubilee Bus Station (JBS) to Falaknuma (Line two) and Nagole to Shilparamam (Line three) -- pass through its area. If JBS is an important terminal station as the bus complex links North Telangana districts to the capital, Parade Grounds metro rail station would be an integrated one for Line two and three. HMR has sought 5.15 acres of Gymkhana Grounds, 3.72 acres of Parade Grounds, 3.38 acres of vacant land inside the office of the Chief Engineer (Factories) and some more land nearby at JBS, Kendriya Vidyalaya (Picket) and parts of DEO office itself. We are discussing with the Defence Ministry officials on the proposals and their response has been positive. The final modalities are still being worked out. The parking, circulating areas and even commercial space at the stations depend on how much land we get, said HMR Managing Director N.V.S. Reddy.
He pointed out that all the three stations on the line Parade Grounds, Gymkhana Grounds and JBS are vital as they could be multi-modal hubs interlinking various transport modes bus, rail and metro rail.
And, parts of these stations would be handed over to Maytas led consortium, building the project as part of the contract.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 01/05/2009 : 18:56:03
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The Railways insistence to pay about Rs. 15 crore more for supplying the four pending trains (rakes) for full fledged running of phase one of Multi Mode Transit System (MMTS) has paid off.
The government has decided to pay up, following which the Integral Coach Factory (ICF), Chennai, has agreed to supply two trains by April, official sources said. Once these trains (each having nine coaches) arrive, it will enable MMTS authorities to increase the number of trains from the current 92 services a day to 100 to 105 services.
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S.ravi
Advanced Member
India
4205 Posts |
Posted - 01/05/2009 : 18:57:11
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1.2 lakh passengers
It will also help lug in more than the 1.2 lakh passengers a day in the twin cities across the routes of Secunderabad-Hyderabad-Lingampalli (28 km) and Secunderabad-Falaknuma (15 km), official sources maintained. The new coaches will also be added to some of the services presently being run with six coaches to make into complete trains of nine coaches each enhancing the passengers carrying capacity.
Escalating costs
Few months ago, the ICF had sent a communication to the government seeking more money due to escalating material and labour costs.
It also said that additional coaches for the six remaining trains (10 were supplied in 2003) could be taken up in 2009-10 since the Railway Board had cleared the order only in May last year.
Interestingly, the government had paid upto Rs. 100 crore six years ago as part of its 50 per cent share for the MMTS first phase for supply of 16 trains with nine coaches each. And, its earlier stand was not to pay more since the total money was already paid but it appears to have reversed the stance now.
Official sources expect more time for the remaining four trains to come by. In the meantime, the government has also drawn up a plan to improve the passenger amenities at and near the MMTS stations with the help of funds from the World Bank.
A sum of Rs. 53 crore is to be spent for the facilities like developing the approach roads to the stations with wide footpaths across a radius of 2.5 km.
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Hyderabad metro news
