Metro Rail may cancel tenders for phase II underground stations
The Hindu
Even the lowest bids are over and above the estimated cost
As even the lowest bids for the underground stations under phase II have overshot the estimated cost, Chennai Metro Rail is likely to cancel the tenders and float them afresh. This may delay the project by three-six months, sources said.
Last year, Metro Rail floated tenders for building tunnels and stations along the Madhavaram-Taramani stretch. A few months ago, the contracts were awarded to Tata Projects and Larsen and Toubro for constructing the tunnels from Madhavaram to Kellys and Kellys to Taramani respectively. The initial work has also begun in many parts of the city, with barricades erected and the road width occupied at several places.
To construct the 29 stations from Madhavaram to Taramani, Metro Rail had called for tenders. Bids were opened a few weeks ago. Metro Rail had divided the work into five packages — Madhavaram-Perambur; Ayanavaram-Kellys; KMC-Royapettah; Radhakrishnan Salai-Adyar; and Adyar Depot-Taramani.