15km pod taxi corridor in Noida up for grabs

06 Jul 2023 CW Team

After the state government gave its go-ahead to the project, YEIDA drew up a project report for the corridor that pegged the cost at Rs 640 crore in June. The project, slated for completion by March 2026, will be executed on a design, build, finance, operate, and transfer (DBFOT) basis, YEIDA CEO Arun Vir Singh said.

The pod taxi corridor will not only provide a seamless transport link between the international airport and the film city but also serve as an efficient public transport solution for the various YEIDA sectors including 21, 28, 29, 32, 33, 34, and 35, he said.

“The detailed project report (DPR) for the pod taxi system has been prepared by the Indian Port Rail and Ropeway. In addition to advertising nationwide, YEIDA has issued tenders abroad including London, France, Abu Dhabi, the UK, the USA, and the Netherlands,” Singh added. Officials said the request for proposal (RFP) was issued on July 1 and the deadline to submit the applications is August 10. A pre-bid meeting will be held on July 17 and the technical bids of the companies will be opened on August 16. The concession period for the project is 35 years, including a two-year construction period, the CEO said.

According to the RFP, the PRT system will utilise small, automated electric “pod cars” to provide a taxi-like service for individuals or small groups of travellers. It will also offer demand-responsive feeder and shuttle services, connecting facilities like parking lots with major transport terminals, shopping centres, and exhibition centres.

The annual concession fee (ACF) quoted by the bidders will be the primary criterion for evaluating the financial bids. The project will be awarded to the bidder offering the highest ACF. It will become payable after seven years, which includes the two-year construction and five-year moratorium periods.

The Yamuna Expressway Industrial Development Authority (YEIDA) has floated a global tender for the 14.6km pod taxi corridor, or personal rapid transit (PRT), connecting Noida International Airport to the proposed Film City in Sector 21.After the state government gave its go-ahead to the project, YEIDA drew up a project report for the corridor that pegged the cost at Rs 640 crore in June. The project, slated for completion by March 2026, will be executed on a design, build, finance, operate, and transfer (DBFOT) basis, YEIDA CEO Arun Vir Singh said.The pod taxi corridor will not only provide a seamless transport link between the international airport and the film city but also serve as an efficient public transport solution for the various YEIDA sectors including 21, 28, 29, 32, 33, 34, and 35, he said.“The detailed project report (DPR) for the pod taxi system has been prepared by the Indian Port Rail and Ropeway. In addition to advertising nationwide, YEIDA has issued tenders abroad including London, France, Abu Dhabi, the UK, the USA, and the Netherlands,” Singh added. Officials said the request for proposal (RFP) was issued on July 1 and the deadline to submit the applications is August 10. A pre-bid meeting will be held on July 17 and the technical bids of the companies will be opened on August 16. The concession period for the project is 35 years, including a two-year construction period, the CEO said.According to the RFP, the PRT system will utilise small, automated electric “pod cars” to provide a taxi-like service for individuals or small groups of travellers. It will also offer demand-responsive feeder and shuttle services, connecting facilities like parking lots with major transport terminals, shopping centres, and exhibition centres.The annual concession fee (ACF) quoted by the bidders will be the primary criterion for evaluating the financial bids. The project will be awarded to the bidder offering the highest ACF. It will become payable after seven years, which includes the two-year construction and five-year moratorium periods.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Technology

18 Sep 2025

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Infrastructure Urban

18 Sep 2025

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..