SBI Bids for Bhopal & Indore Metros’ Automatic Fare Collection

State Bank of India (SBI) earlier this month was declared as the only bidder for the Automatic Fare Collection (AFC) contract (Package BHIN07) for Indore Metro and Bhopal Metro’s Phase 1 projects.

This contract by Madhya Pradesh Metro Rail Corporation Ltd. (MPMRCL) will be executed on the PPP (public private partnership) model where the chosen contractor will be responsible for design, manufacture, supply, installation, testing & commissioning of the end-to-end Open loop EMV (RuPay/Master/Visa) NCMC card-based AFC system and QR code-based ticketing with each device connected to a central back-office AFC system.

MPMRCL invited tenders for this contract in March 2022 with a 1092 (3 year) deadline and unknown estimate.

Brief Scope: Design, Manufacture, Supply, Installation, Testing Commissioning and Maintenance of open Loop EMV NCMC card and QR code based Automatic Fare Collection AFC System based on PPP Revenue Model for Bhopal and Indore Metro Rail Projects

If MPMRCL is not satisfied with 1 bid, then this package will head to a retender. If they are, then SBI’s bid will be sent for technical evaluation which will take a month or so to complete. If SBI qualifies then their financial bid will be opened to see if their bid is within a certain range of the budgeted estimate for a contract to be awarded.

SBI’s solution provider (JV partner) remains unknown to me. In the past, they’ve partnered up with Aurionpro Solutions for Kanpur Metro and Noida Metro projects.

A list of all Indore Metro and Bhopal Metro’s packages & their status can be viewed here and here.

For more updates, check out the Bhopal & Indore sections or my Home Page! Sign up for free instant email notifications on new posts over here. Like this post? See how you can get early-access to updates and support the site over here.

– TMRG