Feedback bags mandate for Hyderabad metro

In a closely contested competitive bidding process for the role of Owner’s Engineers for the Hyderabad Metro Rail Project (HMRP), a consortium consisting of Feedback Ventures Private Limited (FVPL), AECOM Asia Company Limited and AECOM India Private Limited has been appointed by the project concessionaire L&T Metro Rail (Hyderabad) Limited.

The contract was signed in Hyderabad on Tuesday. The bid was a tight contest to the wire between an American, British, French, Indian and European consortium.

The 12,132 crore project is one of the most prestigious & single biggest BOT/EPC contract bagged by L&T that involves construction of 71.6 km of elevated metro rail and 18 million sqft land development along the corridor of the metro rail project.

The project is expected to be completed in five years. FVPL and AECOM will share the technical resources required to execute the project.

Parvesh Minocha, Managing Director, Transportation Advisory & Engineering Division of FVPL said, ?Our involvement in the HMRP as L&T’s advisers at the bid stage helped us understand the nuances & working of the current role.

?AECOM?s partnership will help us to provide L&T with the best in class global practices needed to deliver a world class metro rail project that the residents of Hyderabad can be proud of. This project is indeed a prestigious one & highlights our expertise in successfully completing the metro projects?

As advisers to the Delhi Metro Rail Corporation, Mumbai Metro Rail project of MMRDA and now the Hyderabad Metro, Feedback Ventures is the only Indian company with a leadership position on metro rail projects in the country.

Feedback Ventures is India’s leading integrated infrastructure services company.