Noida: Noda Metro Rail Corporation Limited (NMRC) has decided to offer the Rights of the Nine Metro Co-branding.
These include sectors 76, 101, 81, 83, NSEZ, 144, 145, 147 and Depot metro station.
Co-branding and outdoor advertising rights, and advertising rights inside the station are offered.
Mastery of the contract will be for 10 years with a locked period for two years.
This initiative will help NMRC generate non-tariff income using inventory available at the Metro station.
For this, NMRC has a ‘walk-in’ policy for applications from interested vendors.
Details of policies are available on the NMRC website, nmrcnoid.com below the ‘business offerings’ section.
Officials said the application was invited online until January 5, 2022.
Applicants can send one single form for one or more metro stations according to their choice, feasibility and change criteria.
“The selection of applicants who fulfill the successful requirements will be carried out on the H1 basis (the selection of the bidder quotes the highest price) among the applications received in a period of time specified for certain individuals / metro stations,” said an official from NMRC.
Applicants who meet the requirements must submit the RS 10,000 online processing fee to the designated bank account and submit a unique transaction reference number (UTR) in the form with the application.
In terms of two or more applicants who quote technically quoting the same price, they will be given the opportunity to improve their rates through separate closed quotes.
The applicant with the highest level offered in the quote will be selected.