HDFC-Asis Elektronik-Paycraft JV Awarded Pune Metro’s AFC Contract

Pune Metro rail project’s updated website indicates that on March 17, a consortium of HDFC Bank Limited, Asis Elektronik ve Bilisim Sistemleri A.S. and Paycraft Solutions Private Limited had been issued a Letter of Acceptance (LOA) for implementing the Automated Fare Collection (AFC) system at 29 stations of the 31.254 km Pune Metro Phase 1 project.

Maharashtra Metro Rail Corporation Limited (Maha-Metro) invited bids for this systems related contract in June 2019. The contract value has not been disclosed. Per a tweet by Asis Elektronik in April, 500 gates will be delivered to Pune.

• Contract: P1AFC-01/2019
• Scope: Design, Manufacture, Supply, Installation, Testing & Commissioning And Comprehensive Annual Maintenance Contract (camc) Of EMV Based Open Loop Automated Fare Collection System For Pune Metro Rail Project And Integration With Other Public Transport Systems Project.
• Awarded to: Consortium of M/s HDFC Bank Limited, M/s Asis Elektronik ve Bilisim Sistemleri A.S. and M/s Paycraft Solutions Private Limited
• LOA Date: 17-03-2020

This is Asis Elektronik’s third major AFC contract for a metro project in India. Prior contracts were awarded for Kochi Metro’s Line-1 in 2017 in a consortium with Axis Bank, and for Mumbai Metro’s Line-3 in January 2019 in a consortium with Kalindee Rail Nirman. In the past, they’ve also won contracts for Indore & Amritsar’s Bus Rapid Transit (BRT) systems.

For more updates, check out the Pune section of The Metro Rail Guy!

– TMRG