Banglore Metro | BMRCL Writes to IL&FS Unit over ORR Metro Line Contract
Bengaluru: Before taking a final call on awarding the 19 Km Outer Ring Road (ORR), the Bangalore Metro Rail Corporation (BMRCL) has written to IL&FS Engineering and Construction seeking its response to eight queries. With IL&FS in a deep mess, the BMRCL wants to insulate its projects from any problems in the future. The IL&FS is a subsidiary of debt-ridden group company IL&FS has participated in all the three packages of Bengaluru’s 19-km ORR metro project. The BMRCL wants to insulate its projects from any problems in the future 19-km Outer Ring Road (ORR) contract. Ajay Seth, managing director of BMRCL said that there is need to wait… No decision, either canceling of bids or calling fresh tenders for ORR metro work, has been taken till now,” The letter to IL&FS gains significance as the construction firm is said to have quoted the lowest prices in the remaining two packages of ORR metro as well. In all, five construction firms had qualified in t...