Amaravati Metro Rail Corporation Ltd (AMRCL) has decided to invite tenders for preparing detailed project report (DPR) for mass rapid transport system in Vijayawada.
The AMRCL may issue tender notice on August 25 and the deadline may be August 28. Sources said German agency Richard Ellert will act as tender agent. The objective of the specific project is to introduce an integrated and environment-friendly light metro/light rail system in Vijayawada.
The light metro system would be comprised two corridors (26 km) and additional extension of 5 km to Gannavaram airport. The DPR should be included details on financial and economic viability of the project, including estimation of Financial Internal Rate of Return (FIRR) and Economic Internal Rate of Return (EIRR).
The DPR should be prepared within the duration of approximately four months. A feasibility report has already been prepared for Vijayawada Light Metro and submitted to State government by Australian expert Edward Dotson.