The Company was incorporated in Feb 2008 with the primary objective of developing rail transit solution in domestic and international markets. The consortium led by the company has been successfully awarded two projects and the company is making continuous efforts to get new projects as and when such projects are announced by the Government and other public authorities.
The Company at present has two Projects:
Rapid MetroRail Gurgaon Limited
The Company was formed with the primary objective of developing Metro Link from Delhi Metro Sikanderpur Station on MG Road to NH-8 covering Cyber city area of Gurugram in the state of Haryana. The route length of the metro link is approx. 5 km and this is the first fully privately financed Metro Rail project in India.
Consequent to the Company being declared as a successful bidder, the Company had signed a 99 years Concession Contract (CC) with HUDA on 9th December 2009 for Development, Operation & Maintenance of the aforesaid Metro Rail System. The financial closure of the project was achieved on June 5, 2010. The completion cost came to Rs 1239 Crores.
Rapid MetroRail Gurgaon Limited commenced its commercial operations on 14th November, 2013.
Rapid MetroRail Gurgaon South Limited
The Company was formed with the primary objective of carrying on the business of planning, designing, development, construction, maintenance, operation of Mass transit and other Urban Transport, last mile connectivity and People Mover System of all types and description or in association with other undertaking or companies through any turnkey contract, special purpose vehicle or otherwise.
The south alignment of 6.5 km length connects Golf course via Sikanderpur.
The Haryana Urban Development Authority (HUDA) has granted a concession for a period of 98 years for financing, design, construction, procurement, installation, commissioning, operation and maintenance of all systems required for successful project.
Strengths of IL&FS Rail Limited
IL&FS Rail team is fully equipped and has the requisite expertise to support all the requirements of Railway Projects such as:
- Develop and deliver integrated solutions for Rail Projects
- Financial Modeling and Analysis
- Systems Engineering & Integration
- Project Management & Change Management
- Risk and Opportunity Management
- Interface Management
- Procurement Management
- Civil construction
- Testing, commissioning and integrated trials
- Operation & Maintenance
- Deliver O&M services for other metro/rail projects
CSR Policy IRL