Noida: The financial bidding for the supply of rakes for the Noida-Greater Noida Metro project was finalised in New Delhi on Monday where Chinese state-owned rolling stock manufacturer CRRC Corporation Limited emerged the lowest bidder for the supply of 76 coaches for the 29.9-km Metro corridor.The financial bid will now be evaluated by DMRC and the tender is expected to be awarded by the end of the month, officials said. Once the contract is awarded, each Metro car could come at about Rs 11 crore, inclusive of taxes and duties.According to DMRC officials, three firms including Alstom, a French multinational company operating in the worldwide rail transport markets, Bharat Earth Movers Limited (BEML) and CRRC Corporation Limited were in the race for bagging the Rs 860 crore order for the rolling stock.”CRRC Corporation has bid much lower than the estimated price. The bid will now be evaluated and the tender will be awarded by the end of the month,” a DMRC official told Media.
The selected company will be responsible for the design, manufacture and commissioning of the cars. The procurement of these cars will be funded by the Noida Metro Rail Corporation (NMRC).The delivery of trains will be done in about 76 weeks or earlier, officials said. The trains will have four coaches each as against the earlier plan of three-coach trains.