ID :
19994
Wed, 09/17/2008 - 14:57
Auther :
Shortlink :
http://m.oananews.org//node/19994
The shortlink copeid
M'SIAN COMPANY SCOMI HOPES FOR FINAL DECISION ON MUMBAI MONORAIL PROJECT
KUALA LUMPUR, Sept 17 (Bernama) - Scomi Engineering Bhd hopes to get the final decision on the RM1.01 billion (about US$290 million) monorail project in Mumbai within this year.
"We put in the bid two months ago and it is still under technical and
commercial evaluation," its president, Hilmy Zaini told Bernama, the Malaysian
National News Agency, after a breaking of fast event (iftar) hosted by the Scomi
Group at Bernama's headquarters here Tuesday.
Hilmy said this when asked about a news report stating that a consortium,
comprising Scomi Engineering and its co-partner, Larsen & Toubro Ltd (L&T), is
believed to be the successful bidder for the project.
"I hope the result of the bidding will be made known soon," he
added.
The other bidder is Reliance Infrastructure, which has partnered Japanese
firm Hitachi for the bid to construct the 20-km elevated monorail in India's
financial capital.
The Times of India reported the Mumbai Metropolitan Region Development
Authority (MMRDA) commissioner, Ratnakar Gaikwad, as saying that the deciding
factor for the bid is the time frame to complete the project.
"The bid submitted by L&T and Scomi is more sound and promising compared to
the one by Reliance Infrastructure and Hitachi," Gaikwad was also quoted as
saying in the Times report.
According to Gaikwad, L&T and Scomi had promised to complete the project
within 24 months. Reliance Infrastructure, helmed by Indian business tycoon
Anil Ambani on the other hand, had indicated it needed over 50 months for the
first phase of the mega project.
Seven companies had submitted initial bids for the project, which would be
implemented on a build, operate and transfer basis.The MMRDA shortlisted L&T and
Scomi as well as the Reliance Infrastructure/Hitachi partnership for final
consideration.
The metro line would supplement the existing railway system and help the
traffic-choked city of nearly 11 million people who use public transport for
their daily travel.
Scomi Engineering, along with its subsidiaries is involved in the provision
of machine shop services for the oil and gas industry, the design and
manufacture of monorail, special purposes vehicles, urban transportation
solutions and rail solutions.
Scomi Group chief executive officer, Shah Hakim Zain and Bernama Economic
Service deputy editor-in-chief Salbiah Said also attended the function.
"We put in the bid two months ago and it is still under technical and
commercial evaluation," its president, Hilmy Zaini told Bernama, the Malaysian
National News Agency, after a breaking of fast event (iftar) hosted by the Scomi
Group at Bernama's headquarters here Tuesday.
Hilmy said this when asked about a news report stating that a consortium,
comprising Scomi Engineering and its co-partner, Larsen & Toubro Ltd (L&T), is
believed to be the successful bidder for the project.
"I hope the result of the bidding will be made known soon," he
added.
The other bidder is Reliance Infrastructure, which has partnered Japanese
firm Hitachi for the bid to construct the 20-km elevated monorail in India's
financial capital.
The Times of India reported the Mumbai Metropolitan Region Development
Authority (MMRDA) commissioner, Ratnakar Gaikwad, as saying that the deciding
factor for the bid is the time frame to complete the project.
"The bid submitted by L&T and Scomi is more sound and promising compared to
the one by Reliance Infrastructure and Hitachi," Gaikwad was also quoted as
saying in the Times report.
According to Gaikwad, L&T and Scomi had promised to complete the project
within 24 months. Reliance Infrastructure, helmed by Indian business tycoon
Anil Ambani on the other hand, had indicated it needed over 50 months for the
first phase of the mega project.
Seven companies had submitted initial bids for the project, which would be
implemented on a build, operate and transfer basis.The MMRDA shortlisted L&T and
Scomi as well as the Reliance Infrastructure/Hitachi partnership for final
consideration.
The metro line would supplement the existing railway system and help the
traffic-choked city of nearly 11 million people who use public transport for
their daily travel.
Scomi Engineering, along with its subsidiaries is involved in the provision
of machine shop services for the oil and gas industry, the design and
manufacture of monorail, special purposes vehicles, urban transportation
solutions and rail solutions.
Scomi Group chief executive officer, Shah Hakim Zain and Bernama Economic
Service deputy editor-in-chief Salbiah Said also attended the function.
