Kerala has decided to dump the twin monorail projects for Thiruvananthapuram and Kozhikode citing high costs quoted by Bombardier, the lone bidder after two rounds of tendering. A meeting of the board of Kerala Monorail Corporation chaired by the Chief Minister took the decision.
Tag: Kerala Monorail Corporation
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DMRC to sign pact with monorail body
Delhi Metro Rail Corporation (DMRC) would sign a general consultancy agreement with Kerala Monorail Corporation for the Thiruvananthapuram and Kozhikode monorail projects, which may together cost Rs 5,581 crore. Of the total project investment, Rs 3,590 crore would go for Thiruvananthapuram project and Rs 1,991 crore for Kozhikode project. DMRC would get 3.25 per cent of the total inv
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Kerala monorail projects
Kerala Monorail Corporation (KMCL) set up a subcommittee to hold talks with Delhi Metro Rail Corporation (DMRC) on terms and conditions for consultancy for two monorail projects. The subcommittee would negotiate with DMRC and submit a report at the next board meeting of the KMCL scheduled for the second week of January.