Tata-Siemens Consortium to Develop the Pune Metro Project

Author photo: Sharada Prahladrao
BySharada Prahladrao
Category:
Acquisition or Partnership

The consortium of TRIL Urban Transport (a Tata Group Company), and Siemens Project Ventures GmbH (subsidiary of Siemens Financial Services), has been awarded the contract by the Pune Metropolitan Region Development Authority to develop the metro corridor from Hinjewadi to Shivajinagar in Pune, Maharashtra.

Hinjewadi is Pune’s fastest growing IT industrial hub providing employment to over 400,000 people. The 23.3 kms (14.5 miles) corridor with 23 stations will be the first metro project in India on Public-Private-Partnership (PPP) model after the announcement of the New Metro Rail Policy of 2017. The construction is scheduled to commence by June 2019 and completed within a time span of three years. Tata Projects will be the EPC partner supporting the consortium.

According to the Tata Group, this project represents the company’s expertise and capabilities of delivering on long-term and large infrastructure projects. The Pune Metro will significantly transform the way people of Pune will commute in the future and will also bring in economic benefits and employment along the route.

Keywords: Tata-Siemens Consortium, Siemens, Metro, IT, Pune, ARC Advisory Group

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