financetom
Business
financetom
/
Business
/
Bahrain Metro Project: Delhi Metro shortlisted for pre-qualification tender process
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bahrain Metro Project: Delhi Metro shortlisted for pre-qualification tender process
Feb 20, 2023 12:13 PM

The Delhi Metro Rail Corporation (DMRC) on Monday, February 20, said it has been selected for the pre-qualification tender process for an international consultancy project to construct the phase-1 project of Bahrain Metro.

Share Market Live

NSE

The Delhi Metro is bidding for this project, which involves the building of around a 30-km network with 20 stations. In view of this, the Delhi Metro today signed a memorandum of understanding (MoU) with BEML Ltd.

As a part of this MoU, the BEML will be responsible for manufacturing and supplying rolling stock and the Delhi Metro will provide expertise in the fields of project development, budgeting, and facilitating the development of contractual obligations for the Bahrain Metro Project, it said.

Also Read: JK Tyre unveils two new SUV tyres, five new brand shops across North India

The Delhi Metro is actively exploring opportunities to bag international projects for the construction and operations of metros across the world. Earlier, the Delhi Metro qualified in the pre-bid process for the construction of the Tel Aviv Metro project in Israel.

In addition, the DMRC is also in the process of bidding for other international metro projects such as Alexandria in Egypt, Ho Chi Minh in Vietnam, and Mauritius as well. The DMRC is currently engaged in the construction of the Dhaka Metro in Bangladesh as a consultant.

(Edited by : Shoma Bhattacharjee)

First Published:Feb 20, 2023 9:13 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Assurant Q3 Adjusted Earnings, Revenue Rise
Assurant Q3 Adjusted Earnings, Revenue Rise
Nov 4, 2025
04:43 PM EST, 11/04/2025 (MT Newswires) -- Assurant ( AIZ ) reported Q3 adjusted earnings late Tuesday of $5.73 per diluted share, up from $3.00 a year earlier. Analysts polled by FactSet expected $4.37. Revenue in the three months ended Sept. 30 rose to $3.23 billion from $2.97 billion a year earlier. Analysts surveyed by FactSet expected $3.19 billion. Assurant...
Corcept Therapeutics misses Q3 revenue expectations, modifies 2025 revenue forecast
Corcept Therapeutics misses Q3 revenue expectations, modifies 2025 revenue forecast
Nov 4, 2025
Overview * Corcept Q3 2025 revenue of $207.6 mln, missed analyst expectations * Net income for Q3 2025 decreased to $19.7 mln from $47.2 mln last year * Company expands oncology programs with new cancer studies Outlook * Corcept modifies 2025 revenue guidance to $800 mln - $850 mln * Company expects to meet increasing demand with new specialty pharmacies...
Contract logistics provider GXO beats Q3 revenue estimates, reaffirms full-year guidance
Contract logistics provider GXO beats Q3 revenue estimates, reaffirms full-year guidance
Nov 4, 2025
Overview * GXO Q3 revenue rose 8% to $3.4 bln, beating analyst expectations * Adjusted EPS for Q3 met analyst expectations at $0.79 * Adjusted EBITDA for Q3 beat estimates, highlighting strong operational performance Outlook * GXO reaffirms full-year 2025 guidance with organic revenue growth of 3.5% to 6.5% * Company expects adjusted EBITDA of $865 mln to $885 mln...
Voya Financial Q3 adjusted EPS rises nearly 30% on higher fee income, raises dividend
Voya Financial Q3 adjusted EPS rises nearly 30% on higher fee income, raises dividend
Nov 4, 2025
Overview * Voya Q3 adjusted operating EPS grows nearly 30% yr/yr, driven by segment earnings growth * Company generated over $200 mln excess capital in Q3, reflecting strong financial position * Voya increases quarterly dividend by 4% to $0.47 per share, starting Q4 2025 Outlook * Company confident in long-term growth due to strategic investments and strong balance sheet Result...
Copyright 2023-2026 - www.financetom.com All Rights Reserved