Jindal Stainless Ltd, the flagship company of the $10 billion multi-product, multi-location OP Jindal Steel conglomerate, has been awarded the 10-year contract for the second phase tender of the Bus-Q-Shelters by the Delhi Transport Corporation. The second BOT project includes building 400 Bus-Q-Shelters in all parts of Delhi, except the NDMC area. These bus shelters would be constructed and designed as per the directions given by the DTC. The project will assure DTC revenues upwards of Rs 4.5 crore per month from outdoor advertising.
The Phase II of Bus-Q-Shelters project comes on the heels of successful execution and installation of Phase I of 225 Bus-Q-Shelters by Jindal Stainless.
The 400 Bus-Q-Shelters would be built on key bus routes in the Capital from Dhaula Kuan to ISBT in a clock-wise direction, thus rendering a perfect public infrastructure view throughout the entire stretch of Ring Road. Stainless steel, with its natural sheen and aesthetic appeal, is all set to transform Delhi’s arterial routes in appropriate league to the upcoming Commonwealth Games 2010.
Confirming the news, an official from Jindal Stainless Steel told exchange4media, “We were the highest bidder for the second phase contract, which included all the top end media owners from India and abroad.”
As per the tender rules, these bus shelters will have to be constructed within a span of 48 weeks.
Founded by the Government of India under Ministry of Transport in 1948, DTC is currently managed by the Government of NCT. DTC runs 3,106 busses in 773 routes and has 34 depots in seven regions. DTC currently operates 5,000 bus stops, including 2,500 Bus-Q-Shelters and employs around 30,000 people.
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