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Delhi Metro invites bids for advertising rights for 21 MRTS stations

Delhi Metro invites bids for advertising rights for 21 MRTS stations

Author | Pallavi Goorha Kashyup | Tuesday, Jun 01,2010 8:20 AM

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Delhi Metro invites bids for advertising rights for 21 MRTS stations

The Delhi Metro Rail Corporation (DMRC) has invited bids from national, multinational agencies and corporates for licensing out advertising rights inside MRTS stations (Barakhamba Road to Dwarka, excluding Rajiv Chowk) on Line 3. The contract shall be awarded for a period of five years and an EMD of Rs 20 lakh is required.

Additionally, the applicants shall be required to submit an amount equivalent to six months’ license fee towards interest free security deposit. This security deposit will be refunded upon completion of the full term of the agreement.

The tender forms can be obtained from the DMRC office till June 16, 2010. The bid will open at 3.30 pm on the same day.

The 21 stations specified in the tender include those at Barakhamba Road, RK Ashram Marg, Jhandewalan, Karol Bagh, Rajendra Place, Patel Nagar, Shadi Pur, Kirti Nagar, Moti Nagar, Ramesh Nagar, Rajouri Garden, Tagore Garden, Subhash Nagar, Tilak Nagar, Ganesh Nagar, Janakpuri, Uttam Nagar, Prem Nagar, Nawada, Dwarka Mor and Dwarka. The total advertisement space offered through this tender is approximately 4187.20 sq mtrs

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