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Seven companies bag contracts for Mumbai metro

Seven companies bag contracts for Mumbai metro

14 Aug 2017
As reported, seven of the 10 infrastructure developers who made bids for Mumbai’s Metro Line 2B and Metro Line 4 have been awarded contracts. Metro Line 2B is 23.6 km long with 22 stations and stretches from DN Nagar to Mandala, Metro Line 4 is 32.3 km long with 32 stations connecting Wadala and Kasarvadavali.

Reports in the news reveal that L&T and Reliance Infrastructure successfully secured two contracts each. Reliance Infrastructure participated in a JV with an Italian contractor-based Rizzani de Eccher. The contracts bagged by each company are reportedly in the range of Rs 1,200-1,400 crore. Five other companies to win contracts include Simplex Infrastructure, NCC Infra, J Kumar Infraprojects, JMC Projects and a JV between Tata Projects and China Harbour Engineering Company.

The estimated cost of Metro Line 2B and Metro Line 4 is at Rs 10,980 crore and Rs 14,500 crore, respectively. The target for project completion for both these corridors is set for 30 months.

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