PNC Infratech sole DBFOT bidder for Haridwar personal rapid transit

07 Apr 2021 Editorial Team

Construction engineering company PNC Infratech Ltd has emerged as the only bidder for the development of Personalised Rapid Transit (PRT) system in Haridwar for the PRT tender released by the Uttarakhand Metro Rail Corporation (UKMRC).

online expressions of interest cum request for qualification (EoIs-cum-RFQs) in November 2020 to shortlist private entities to bid as concessionaire for the development of Personalised Rapid Transit (PRT) System in Haridwar city of Uttarakhand called Haridwar Darshan, on public-private partnership model under design, build, finance, operate, and transfer (DBFOT) basis. The deadline was in January 2021.

However, only one EoI has been received, and it is unclear whether the authority will re-invite tenders.

The PRT project obtained approval from the Uttarakhand government in June 2020.

The PRT corridors are mainly on the city's major roads and are planned to be elevated within the right of way (RoW) on the central verge of the roads.

The proposed PRT corridor will span a total length of 19.65 km and has the following stretches:

Sitapur鈥揃harat Mata Temple: 14 km
City Hospital鈥揇aksha Temple: 3 km
Ganeshpuram鈥揇AV School: 2 km
Valmiki Chowk鈥揕altaro Bridge: 0.65 km

: Representative image of a personalised rapid transit vehicle

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..