DMRC floats arm for foreign bids

THE Delhi Metro Rail Corporation (DMRC) has set up a new subsidiary, the Delhi Metro International Limited (DMIL), as it looks to bid for metro-rail projects in foreign cities and expand its consultancy and related urban-transport services abroad.

- EXPRESS NEWS SERVICE @New Delhi

The new company has been created as part of DMRC’s efforts to expand its expertise in metro-rail planning, construction and operations beyond India and explore business opportunities in international markets, an official said.

He said the subsidiary will enable DMRC to directly participate in bidding for metro-rail projects in foreign cities and undertake consultancy work related to urban transport systems. “The corporation has already been exploring opportunities abroad and is currently associated with a metrorelated project in Dhaka, Bangladesh, where it is providing technical support and consultancy,” the official said.