Consulting services bids invited by Chennai Metro Rail

10 Mar 2023 CW Team

The consultancy services are provided with the intention of assisting CMRL in generating revenue from commercial development and utilizing the untapped potential of its assets for the generation of non-fare revenue. The consultant is responsible for conducting feasibility studies, market assessments, financial analyses, complete transaction advisory services for retail spaces and land parcels, and bid process management as part of their scope of work. In addition, the consultant is expected to evaluate CMRL with brand-new project proposals, conduct a financial and project structure analysis, and prepare appropriate documentation for successful outcomes.

All qualified consultants are eligible to participate in the tender. To do so, they will need to sign up on the e-procurement portal and provide a valid class II/III Digital Signature Certificate (DSC) from any organization authorized by the Controller of Certifying Authority (CCA), Government. of India, including their profile.

Using a valid Digital Signature Certificate, the consultant must electronically submit soft copies of their bids and proposals via the CPP Portal. Consultants should make sure that only one valid DSC (Digital Signature Certificate) is registered under their name and should never lend their DSC to anyone else in order to prevent misuse. CMRL uses e-procurement to buy goods and services to make sure consultants can participate freely and fairly and to make procurement more transparent.

A tender for digital bids to provide consultancy services for various projects related to feasibility, transaction advisory services, and market study has been issued by Chennai Metro Rail Limited. These services include bid process management services for built-up spaces in Chennai Metro Rail Stations and for CMRL land parcels. The consulting firms will be employed for a period of two years, with a 120-day contract. The deadline for submitting bids is March 15, 2023. The deadline for submitting bids was February 15, 2023. The deadline for submitting bids is March 16, 2023. The consultancy services are provided with the intention of assisting CMRL in generating revenue from commercial development and utilizing the untapped potential of its assets for the generation of non-fare revenue. The consultant is responsible for conducting feasibility studies, market assessments, financial analyses, complete transaction advisory services for retail spaces and land parcels, and bid process management as part of their scope of work. In addition, the consultant is expected to evaluate CMRL with brand-new project proposals, conduct a financial and project structure analysis, and prepare appropriate documentation for successful outcomes. All qualified consultants are eligible to participate in the tender. To do so, they will need to sign up on the e-procurement portal and provide a valid class II/III Digital Signature Certificate (DSC) from any organization authorized by the Controller of Certifying Authority (CCA), Government. of India, including their profile. Using a valid Digital Signature Certificate, the consultant must electronically submit soft copies of their bids and proposals via the CPP Portal. Consultants should make sure that only one valid DSC (Digital Signature Certificate) is registered under their name and should never lend their DSC to anyone else in order to prevent misuse. CMRL uses e-procurement to buy goods and services to make sure consultants can participate freely and fairly and to make procurement more transparent.

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..