On a roll, with monorail

Majestic-BTM Layout: First of five corridors gets clearance; bids to be invited soon

With Bangalore Metro all set to hit the tracks, state government is now preparing to put monorail project on track by clearing the detailed project report (DPR) for 60 km of monorail network.

 Just a few days ago, state infrastructure development department cleared the DPR prepared by Scomi Geodesic Consortium, the proponent of a 60 km Bangalore Monorail Project.
The government is now preparing final guidelines for inviting global bids.On Tuesday, Scomi Geodesic
entered into an agreement with IERS (ITNL Enso Rail System Ltd), a subsidiary company of IL&FS Transportation Network Limited (ITNL) as its financial partner.
The MoU signifies a major milestone for the Monorail Project and provides the consortium with the financial capability required to execute the project. The proposed Bangalore Monorail would be implemented
on public private partnership under the Swiss Challenge Procurement process and the model is the
first of its kind in Karnataka.The project awaits final guidelines from the Government of Karnataka.
With this, the consortium will also bid for implementing the project in the form of Design,Build, Finance, Operate and Transfer (DBFOT).