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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.