K-RIDE invites bids for providing rolling stock on lease basis for BSRP

Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE) has invited bids from eligible bidders for the selection of an entity to design, manufacture, supply, commission, operate, and maintain rolling stock on a public-private partnership (PPP) model for the Bengaluru suburban rail project.

The Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE), a joint venture of the Government of Karnataka & Ministry of Railways, Government of India (the “Authority”) is engaged in the development of the Bengaluru Suburban Railway Project (BSRP) over a length of 148 (One hundred forty eight) Kilometers and as part of this endeavor, K-RIDE has decided to enter into a lease, maintenance and operation (with provision of onboard Train Operators only) agreement (the “LMOA” or “Agreement”) for the Trains.

The Selected Bidder shall (i) make available to K-RIDE on lease basis 264 (Two hundred sixty four) cars as per specifications given at Appendix- X (the “Cars”) and supply schedule specified in Appendix -XIV {requisite number and composition of Trains i.e. 3 (three) or 6 (Six) Cars each to be decided by Authority at the Bid Stage} (the “Trains”) for BSRP within a tentative period of 3 (three) to 5 (five) years (“Supply Period”); Undertake maintenance of the Trains.

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