Chennai: Regarding the Rs8,500 crore monorail transit system for the city, the state government finalised the bid documents submitted by various developers. The qualifiers for the next stage of process are likely to be named soon.
The ‘monorail empowered committee’ that comprises chief secretary, transport secretary and secretaries of various departments met at the Secretariat and discussed the recommendations given by the Hyderabad-based advisory consultant who was appointed to evaluate the tender documents submitted by the bidders.
The discussions were fruitful and the government will come up with a positive announcement in a day or two. Subsequently the next stage of the bidding process (request for proposals) will be started soon