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PMRC – Pune Metro Rail Development – Maharashtra - Project Profile

PMRC – Pune Metro Rail Development – Maharashtra - Project Profile

Synopsis

"PMRC – Pune Metro Rail Development – Maharashtra- Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

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Summary

Pune Metro Rail Corporation (PMRC), a special purpose vehicle formed by Pune Municipal Corporation (PMC), is planning to undertake the construction of Metro Rail project in Maharashtra, India.

The project involves the construction of metro rail line system with four line in two phases and an extension for the future lines.

The US$1,690 million Phase one (Red, Green, Gray lines) involves the construction of 32km railway line in two corridors which will be carried out by Maharashtra Metro Rail Corporation Limited (MAHA-METRO). It is sub-divided in two corridors:

Corridor I (Line I, Phase I) includes the construction of a 16.58km long elevated track with 15 stations at PCMC, Tukaram Nagar, Bhosari, Kasarwadi, Fugewadi, Dapodi, Bopodi, Khadki, Range Hill, Shivaji Nagar, ASI, PMC, Budhwar Peth, Mandai, and Swargate. The construction is as follows:

> Elevated: Pimpri Chinchwad town (PCMC) to Shivaji Nagar: 11.570 km with 9 stations

> Underground: Shivaji Nagar to Swargate: 5.019 km with 6 stations

Corridor II (Line II, Phase I) (P1C-02(R)) includes the construction of a 14.66km long elevated track with 16 stations comprising Vanaz, Anand Nagar, Ideal Colony, Nal Stop, Garware College, Mangalwar Peth, Pune Railway Station, Ruby Clinic, Bund Garden, Yerawada, Kalyani Nagar, and Ramwadi, Deccan Gymkhana, Sambhaji Park, PMC, and Civil Court in Pune.

The 60% of the amount for the phase will be raised through loans, and 13.5% each will be assisted by the Union cabinet and state governments.

The two corridors are running North-South and East-West being executed by Maharashtra Metro Rail Corporation Limited (MAHA-METRO).

The second phase includes the construction of a 34.3km metro line. It is being developed in two corridors (Line III, and IV) as follows:

> A US$1,236 million Corridor I (Line III, Phase II) involves the construction of a 23.3km metro line with 23 stations from Hinjawadi to ASI comprising Megapolis Circle, Quadran, Dohler, Infosys Phase II, Wipro Phase II, Pall India, Shivaji Chowk, Hinjewadi, Wakad Chowk, Balewadi Stadium, NICMAR, Ram Nagar, Laxmi Nagar, Balewadi Phata, Baner Gaon, Baner, Krushi Anusadhan, Sakal Nagar, University, R.B.I., Agriculture College and Shivaji Nagar.

> Corridor II (Line IV, Phase II) involves the construction of an 11km metro line from Deccan Gymkhana to Bund Garden via Swargate, Hadapsar road, Golf course and Koregaon Park comprising six stations.

The phase two of the project also has a proposal of connection from Bhosari to New Pune International Airport. This elevated line will go via Moshi and Chakan.

Future Extension (Third Phase) includes the construction as follows:

> Agriculture college – Warje via JM road and Karve road (9 km elevated)

> Extension from Bund Garden to Vishrantwadi (underground)

> Extension from Race Course to Hadapsar (elevated)

> Link from Bhosari to Moshi to link with Moshi-Chakan-New Pune International Airport (elevated).

The Delhi Metro Rail Corporation (DMRC) has carried out the preliminary feasibility study and submitted Detailed Project Report (DPR) to the Pune Municipal Corporation in 2009. The DMRC suggested setting up an SPV to carry out the project.

Parisar has been appointed as the consultant to conduct the detailed study of the project. Parisar has completed the preliminary analysis based on the DPR prepared by DMRC, the city's Comprehensive Mobility Plan (CMP) and the traffic demand analysis for Pune's DPR prepared by Mott McDonald.

In June 2012, the detailed project report was approved by the Government of Maharashtra.

The PMC is planning to seek Central Government funds for implementation of the project under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) phase II. In this regard, it is preparing a concrete plan with details about fundraising for the project before sending the project for funding approval.

The project cost will be funded by the PMC (10%), the state government (20%), the Union government (20%) and the remaining 50% will be obtained from loans. The state government's share of 20% includes the expenses of acquiring land, including government land, at market price.

In October 2013, the state cabinet approved the project. PMC will form a special purpose vehicle (SPV) called the Pune Metro Rail Corporation (PMRC) to develop the project.

In February 2014, the project plans were revised and a 15km extension of the Pimpri Chinchwad-Swargate metro route was initiated. The route will be extended to Nigdi from Pimpri and Katraj from Swargate.

In November 2014, PMRC was formed by PMC as an SPV for the project implementation.

Suncon Engineers has been appointed as a topographical surveyor, IIT Mumbai, Snehal Engineering Mumbai as Traffic consultants, Oriental Consulting Engineers Pvt. Ltd. as Geotechnical study consultant and Envirotech East Pvt. Ltd. as environmental study consultant.

The Central Government of India requested the state government to submit the revised proposal along with revised cost estimates of the project by November 15, 2015.

In December 2015, the cost of the project was increased in the revised estimate by 45% more than the originally planned in 2009.

In June 2016, PMRC obtained clearance from pre-public investment board (PIB).

In August 2016, the project secured In-Principle approvals from the Central Railway (CR).

As of September 2016, the first phase of the project will be funded US$943 million in loans from World Bank (WB) and China-based Asian Infrastructure Investment Bank (AIIB), with the union government approving the state government proposal for multilateral assistance for the project.

Nagpur Metro Rail Corporation Ltd (NMRCL) has been appointed as an Associate developer.

On October 14, 2016, The Public Investment Board (PIB) of the Union Finance Ministry approved the project.

In December 2016, foundation stone ceremony held on the project.

In December 2016, Union cabinet approved the construction of the first phase of the project and groundbreaking ceremony held on Pimpri Chinchwad-Swargate route.

On March 5, 2017, PMRC inviting Request for Quotation (RFQ) to appoint a construction contractor for Hinjewadi to Shivajinagar with a submission due date on April 17, 2017.

In April 2017, tender process initiation delayed for a 10.795km elevated metro rail viaduct section from Pimpri Chinchwad to Range Hills. Eight interested bidders comprising Afcon Infrastructure, Reliance Infrastructure, Tata Projects, NCC, Simplex Infrastructures, J Kumar Infraprojects, Valecha Engineers and ITP Cementation India.

On April 7, 2017, MahaMetro issued a tender document to appoint a design-build contractor for elevated viaduct 7.1Km between Vanaz and Civil Court on the East-West Section I, (Line II, Phase I) with submission deadline as May 6, 2017. The seven interested bidders comprising AFCONS Infrastructure, TATA Projects, NCC, Simplex Infrastructures, YFC Projects, IL&FS Engineering, and Construction Company and ITD Cementation India.

On May 5, 2017, MITCON Consultancy and Engineering Services Limited appointed as consultant for environment impact assessment and (EIA) and Hydraulic studies of the river for 1.7km section passing over mutha river.

On May 3, 2017, Nagarjuna Construction Company (NCC) bagged the construction contract for 10.795km elevated metro rail viaduct section from Pimpri Chinchwad to Range Hills under Line I, Phase I.

In May 2017, MahaMetro revealed Simplex Infrastructures as the lowest bidder for Section I, (Line II, Phase I) but later MahaMetro rejected Simplex’s US$54.3 million bid due to an undisclosed reason.

On May 7, 2017, PMRC issued a tender for the construction of nine elevated metro stations excluding Viaduct Viz. Pimpri-Chinchwad Municipal Corporation, Tukaram Nagar, Bhosari, Kasarwadi, Phugewadi, Dapodi, Bopodi, Khadki And Range Hill On Corridor-1 (Phase I) with a submission deadline on June 30, 2017.

In March 2017, PMRDA received RFQ from 3 firms including Tata-Siemens JV and IRB-IL&FS JV and Deloitte to bring in 60% of the funding comprising 30% in equity and 70% in debt for Corridor I (Line III, Phase II).

On June 6, 2017, RITES Limited appointed for the environmental impact assessment and preparation of environmental mitigation plan for both the corridors (North-South and East-West).

On July 22, 2017, PMRC awarded Detailed Design Consultant (DDC) contract for 9 elevated stations form PCMC to Range Hill Corridor I (Line I, Phase I) to Ayesha Ingenieria y Arquitectura, S.A.U (Ayesa).

In July 2017, the central government agreed in principle to provide 20% viability gap funding for the Line III.

In August 2017, Agence Française de Développement (AFD) and European International Bank agreed to provide funding US$287.6 million and US$704.5 million respectively, to the project. The documentation has been processed and the transaction is anticipated to be completed by the end of 2017 or in early 2018.

On August 16, 2017, NCC awarded a US$56.8 million construction contract for Vanaz to Ramwadi 7.150 km elevated viaduct section with 9 stations from Vanaz and Civil Court under Section I, (Line II, Phase I). Other lowest bidder after NCC were Afcons and IL&FS with US$57.4 million and 58.5 million respectively.

On September 3, 2017, PMRC appointed Deloitte as a transaction adviser for 23.33 km (Line III, Phase II).

In September 2017, a consortium of Hindustan Construction Company (HCC) and Al Fara’a Group emerged as the lowest bidder with US$77.3 million for the 9 stations elevated Corridor I (Phase I). Other qualified bidders were as follows:

1. TPL-Gulermak of US$85.09 million

2. Afcons of US$85.8 million

3. IL&FS of US$87.2 million

4. NCC of US$90.3 million

PMRC awarded a Detailed Design Consultant (DDC) contract to LKT Engineering Consultants Ltd. and Architect Hafeez Contractor for 12 elevated stations under Corridor II (Line II, Phase I) on September 14, 2017.

HCC and Al Fara’a Group have been awarded a construction contract for the 9 elevated stations Corridor I (Phase I) worth of US$76 million by the Maharashtra Metro Rail Corporation Ltd on November 3, 2017, however, the duration of the contract is 110 weeks.

PMRDA has shortlisted 3 companies that could bid for Corridor I (Line III). They are Tata Realty Siemens JV, IRB in consortium with Chinese and Malaysian companies, IL&FS. The final bid is expected to be cleared by March or April 2018. The bidder for the project will be finalized by April 2018. Construction work expected to commence by June 2018.

On January 4, 2018, the state cabinet approved the 23.3km long Hinjewadi-Shivajinagar Metro line. The work for the line will be carried out in phases. The first phase between Hinjewadi & Balewadi will be completed by April 2019 and the second phase between Balewadi & Shivajinagar will be completed by 2021.

On January 8, 2018, HCC and Al Fara’a Group appointed as a construction contract for the 8 elevated metro rail stations Vanaz, Anand Nagar, Ideal Colony, Nal Stop, Garware College, Deccan, Sambhaji Park & PMC on Corridor II (Line II, Phase I) worth of US$75 million.

Piling and foundation works are underway on Line I of phase I. The entire project is anticipated for completion in 2021.

Scope

The project involves the construction of a metro rail from Pune to Chinchwad in Maharashtra, India.

The US$4,750 million project includes the following:

1. Construction of a 32km railway line in phase one

2. Construction of a 34.3km railway line in phase two

3. Construction of a Moshi-Chakan-New Pune International Airport

4. Construction of 15km railway line extension of the Pimpri Chinchwad-Swargate route

5. Construction of 23.3km railway line extension of the Hinjewadi-Shivajinagar

6. Construction of corridors on elevated surface

7. Construction of metro stations

8. Construction of parking facilities

Reasons To Buy

  • Gain insight into the project.
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1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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