15 firms in race for Delhi`s multimodal transport hub

Bijith R Business Standard 17.06.2008 18:30
15 firms in race for Delhi`s multimodal transport hub


Nearly 15 major infrastructure and real estate companies have shown interest in being part of the proposed Multimodal Transit Hub to be developed by the Delhi government at ISBT, Dwarka.



The players include BLS-ILFS consortium, Unity Infraprojects, Lanco Infratech, Nagarjuna Constructions, CMC Constructions, Parasvnath Developers, Zoom Developers, Sun City Projects, Somdutt Builders, Pawha Infrastructure and SMS Infrastructures.

The project, which will be developed on a public-private partnership (PPP) basis at an estimated cost of Rs 400 crore, will be on a BOMM (build-operate-maintain-manage) basis for a period of 40 years. It is expected to be awarded by August 2008.

The proposed transit system will be developed over 10.9 hectares near the world class convention centre developed by DLF and IGI International Airport. The Delhi government intends to make this project operational before the 2010 Commonwealth Games.


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