Asis Elektronik Secures AFC Contract for Bhopal & Indore Metros

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AFC Gates empowered by Asis Elektronik
AFC Gates empowered by Asis Elektronik
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BHOPAL (Metro Rail News): Asis Elektronik ve Bilişim Sistemleri A.Ş, based in Turkey, emerged as the lowest bidder today for the Automatic Fare Collection (AFC) contract (Package BHIN-07-01) for the Phase 1 projects of Bhopal Metro and Indore Metro.

Madhya Pradesh Metro Rail Corporation Ltd. (MPMRCL) awarded this contract under the public-private partnership (PPP) model. The selected contractor will handle the design, manufacturing, supply, installation, testing, and commissioning of the end-to-end Open Loop EMV (RuPay/Master/Visa) NCMC card-based AFC system and QR code-based ticketing. Each device will be linked to a central back-office AFC system.

Tenders for this contract were invited by MPMRCL in March 2022, with a deadline of 4 years and an estimated value of Rs. 230 crore. The technical bids, opened in February, revealed 3 bidders. Shellinfo, a recent winner of two AFC contracts for Chennai Metro Phase 2, was disqualified during the evaluation process.

Financial Bid Values:

  • Asis Elektronik ve Bilişim Sistemleri A.Ş: Rs. 186.52 crore
  • NEC Corporation India Pvt. Ltd.: Rs. 204.57 crore

The contract scope includes designing, manufacturing, supplying, installing, testing, commissioning, and maintaining an open-loop EMV NCMC card and QR code-based Automatic Fare Collection (AFC) System for the Bhopal and Indore Metro Rail Projects.

Asis Elektronik’s bid of Rs. 186.52 crores was significantly below MPMRCL’s estimate, indicating a likely contract award in the coming weeks without a lengthy financial bid evaluation period.

In the past, Asis Elektronik has secured contracts for Phase 1 of Pune Metro in partnership with HDFC Bank, Kochi Metro Phase 1 in 2017 in collaboration with Axis Bank, and Line-3 of Mumbai Metro in January 2019 in conjunction with Kalindee Rail Nirman.

In October 2022, State Bank of India (SBI) was the sole bidder for the financial banking contract for both Indore and Bhopal Metros’ AFC systems. The current status of this contract award is unknown. If you have any information regarding the status of this contract, please leave a comment below.

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