Namma Metro’s 216-coach contract with Chinese company in jeopardy
The supply of 216 metro coaches that the BMRCL had ordered over two years ago has been delayed because the Chinese firm that won the contract is struggling to find local partners to assemble, test, and commission them.
China’s CRRC Corporation Ltd, whose subsidiary CRCC Nanjing Puzhen Co Ltd won the contract in December 2019 to supply 216 metro coaches at a cost of Rs 1,578 crore, has failed to meet any of the performance indicators set by Namma Metro.
The Bangalore Metro Rail Corporation Ltd (BMRCL) has slapped several notices on the company and threatened to encash its bank guarantee of Rs 372 crore. But for now, the contract is still on.
