Four cos qulaify for system works in phase I of eastern corridor

World Bank funding a part of Eastern Corridor from Mughalsarai to Ludhiana, which has been divided into 3 phases

Four companies have been selected in the pre-qualification bid process for electrical, signal and telecommunication system works of Bhaupur-Khurja segment of Eastern Dedicated freight corridor. The segment is 343 km long. Six companies had participated in the process.

The four joint venture firms who have qualified are INABENSA-ANSALDO-EME-BCEPL, KEC-ELECNOR-KYOSAN, SIEMENS Consortium and ALSTOM Consortium. The pre-qualification process is for the first phase of the Eastern Dedicated Freight Corridor.

Earlier, sixteen joint ventures of international companies with Indian partners had shown willingness to participate in Expression of Interest process for the Project Management Consultancy Services contract for the second phase of Eastern Corridor. The phase covers 402 kilometers between Bhaupur to Mughalsarai.

The World Bank is funding a part of the Eastern Corridor from Mughalsarai to Ludhiana, which has been divided into 3 phases. The total in principle loan commitment is $2.725 billion, out of which the loan for the first phase to the tune of $975 million was sanctioned in May, 2011 and the loan agreement was signed in October, 2011.

The loan for the second phase is expected to be of the order of USD 1100 million.