Taj Expressway

IMPORTANT NOTICE

The Taj Expressway Authority has extended the last date for submission of Bids / Proposals to 23rd of August 2001. The Bids / Proposals shall now be accepted at Greater Noida Office, H-169 Chitwan Estate, Greater Noida City, Gautama Buddha Nagar till 1:00 p.m. on 23.08.2001. The same shall be opened the same day at 5:00 p.m. in Greater Noida Office.

Invitation of offers 160 km Toll Expressway
TAJ EXPRESSWAY AUTHORITY
GOVERNMENT OF UTTAR PRADESH (INDIA)

Download bid documents here: INVITATION OF OFFERS FOR SELECTION OF JV PARTNER FOR DEVELOPMENT OF TAJ EXPRESSWAY PROJECT (Amended up to 30.7.2001) (Microsoft Word Document, 118 KB) and in BID DOCUMENTS IN WINZIP FORMAT (Amended up to 30.7.2001) (27 KB) and Promoters Agreement (Microsoft Word Document, 119 KB) and in PROMOTERS AGREEMENT IN WINZIP FORMAT (27 KB)

Proposals are invited from prospective Joint Venture Partners for development of a Detailed Project Report (DPR), arrangement of finances, as well as for construction and operation of a six-lane Super Expressway between the National Capital of Delhi and Agra.

The proposed Expressway would be of about 160 km. Length and would considerably shorten the distance between New Delhi and Agra, thereby reducing the traveling time to about 100 minutes. The estimated cost of the Project is in the range of US $230 million. First phase of Expressway between Noida Toll Bridge and Greater Noida (about 25 km.) is already under construction.

The Expressway would pass through virgin area along the river Yamuna. A band of about 500 meters width of land, in addition to the 100 meters for the Expressway, would be offered along the corridor for commercial, amusement, industrial as well as township development, as an integral part of the project.

SALIENT FEATURES

	Project is offered as a joint venture with 75% equity to the JV Partner, who would be responsible for the development, execution and operation of the project. The Taj Expressway Authority shall retain 25%.
	An additional 25 million square meters of land along the expressway would be given on lease for commercial development as indicated above.
	Expressway to be completed in 3 years.
	Resources to be raised for the Project would, if necessary, be guaranteed by Taj Expressway Authority, and the other two participating agencies of Govt. Of U.P., namely Noida and Greater Noida.
	In case after DPR preparation, the Project is unable to attain financial closure, Taj Expressway Authority would share 75% of the expenses till then, notwithstanding its equity of 25%.

The National Project Concession Period would be 40 years, against which bids are invited for concession period, and the lowest would be preferred. Period will be counted on expiry of 3 years from the date of financial closure.

Interested parties / consortia of National / International repute are invited to bid as per the schedule given below. Bids received shall be evaluated in two stages :

STAGE-I: Technical Bid - Screening of offers with a view to ascertain the experience and resources of the JV Partner / Consortia for undertaking the Project.

STAGE-II: Financial Bid - Will be opened only when the JV Partners has been found acceptable after scrutiny. Financial Bids will be evaluated entirely on the basis of the concession period by the JV Partner.

SCHEDULE FOR INVITATION OF OFFERS

Date of Pre-Bid Meeting : 30th June, 2001.

Last date for submission of Bids : 23rd August, 2001.

Bid documents can be obtained on payment of Rs. 5000/- (or US $ 150) in favour of Taj Expressway Authority by way of Bank Draft payable at Gautam Budh Nagar, (U.P.) from Greater Noida Industrial Development Authority, 169, Chitvan Estate, Sector - Gamma, Greater Noida City, District Gautam Budh Nagar - 201306 (U.P.). Bids have to be submitted at the same address.

Download bid documents here:

	INVITATION OF OFFERS FOR SELECTION OF JV PARTNER FOR DEVELOPMENT OF TAJ EXPRESSWAY PROJECT (Amended up to 30.7.2001) (Microsoft Word Document, 118 KB)
	BID DOCUMENTS IN WINZIP FORMAT (Amended up to 30.7.2001) (27 KB)
	PROMOTERS AGREEMENT (Amended up to 30.7.2001) (Microsoft Word Document, 119 KB).
	PROMOTERS AGREEMENT IN WINZIP FORMAT (Amended up to 30.7.2001) (27 KB)

To receive bid documents by email, send mail to [email protected]

For further details/clarification please contact :

Ravi Srivastava (G.M. Projects)
Ph : 91-120-4566334 / 4566145
Mobile : 09839072999
Fax : 91-120-4566334 / 4566145
E-Mail : [email protected]