APMRC Allows JVs in Bidding for Metro Projects

26 Sep 2025 CW Team

The Andhra Pradesh Metro Rail Corporation (APMRC) has announced that joint ventures (JVs) will now be eligible to participate in the bidding process for the upcoming metro rail projects in Visakhapatnam and Vijayawada, a move aimed at boosting wider participation from qualified infrastructure players.

APMRC Managing Director NP Ramakrishna Reddy said the decision would enable broader participation from competent firms with proven expertise in large-scale infrastructure projects. He emphasised that the corporation remains committed to completing both metro projects within 36 months.

International Competitive Bidding (ICB) tenders for Visakhapatnam Metro Phase I (46.23 km) and Vijayawada Metro Phase I (38 km) were floated in late July 2025. During a pre-bid meeting, 13 companies requested that the projects be split into two or more packages and that joint ventures be permitted to compete.

While APMRC declined the proposal to split the projects, citing risks of cost escalation and delays, it accepted the request to allow JVs in line with procurement guidelines from the Government of India and the Central Vigilance Commission.

The deadline for submission of tenders has been set for 10 October 2025 for the Visakhapatnam project and 14 October 2025 for the Vijayawada project. The revised bidding rules are expected to attract robust consortiums with the technical know-how and financial capacity to deliver the projects on schedule.

Meanwhile, the state government has reiterated its call for 100 per cent central funding for both metro corridors, underscoring their importance to Andhra Pradesh’s urban mobility and infrastructure growth.

News source: Swarajya

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..