Bengaluru Metro awards contracts to Afcons, Shankaranarayana
AVIATION & AIRPORTS

Bengaluru Metro awards contracts to Afcons, Shankaranarayana

Afcons Infrastructure Ltd and Shankaranarayana Constructions Private Ltd have secured contracts for the construction of 18.3 km long Phase-2A corridor work of the Bengaluru Metro for connecting the Central Silkboard to K R Puram.

In December 2019, the Bengaluru Metro Rail Corporation Ltd (BMRCL) floated contracts for the construction of an 18.3 km long stretch consisting of 13 stations running along Outer Ring Road (ORR) in two packages. Last year in October 2020, they opened the financial bids for either of the packages.

The first package, 9.85 km elevated stretch with six stations, namely Central Silk Board, Agara, Ibbalur, Bellandur, Kadubeesanahilla, HSR layout, and building of one 2.84 km long flyover at Central Silk Board. Afcons came to be the lowest bidder, quoting Rs 785 crore as the bid value. The estimated cost of overall work was Rs 731.18 crore within the time limit of 30 months.

The second package, a 9.77 km elevated stretch consisting of seven stations, namely Kodibeesanahalli, Marathahalli, Doddanekundi, ISRO, DRDO sports complex, Saraswathi Nagar, and K R Puram, along with 1.097 km long link line to Baiyappanahalli Deport and a 0.3 km long pocket track. Shankaranarayana Constructions Pvt Ltd was the lowest bidder, quoting Rs 623 crore as the bid value. The estimated cost of the overall work came to be Rs 594.25 crore within the stipulated time of 30 months.

The ORR (Outer Ring Road) Metro is vital for the city because it passes through the IT corridor housing various multinational agencies. About 90% of land acquisition is already completed, and utility shifted contracts also awarded. ADB (Asian Development Bank) agrees to finance the project. The cabinet also approved Bengaluru Metro Phase 2A and 2B project in April 2021.

Image Source


Also read: Bengaluru metro phase II-A, phase II-B get MPC clearance

Also read: Bengaluru Metro: Segment linking airport receives central cabinet nod

Afcons Infrastructure Ltd and Shankaranarayana Constructions Private Ltd have secured contracts for the construction of 18.3 km long Phase-2A corridor work of the Bengaluru Metro for connecting the Central Silkboard to K R Puram. In December 2019, the Bengaluru Metro Rail Corporation Ltd (BMRCL) floated contracts for the construction of an 18.3 km long stretch consisting of 13 stations running along Outer Ring Road (ORR) in two packages. Last year in October 2020, they opened the financial bids for either of the packages. The first package, 9.85 km elevated stretch with six stations, namely Central Silk Board, Agara, Ibbalur, Bellandur, Kadubeesanahilla, HSR layout, and building of one 2.84 km long flyover at Central Silk Board. Afcons came to be the lowest bidder, quoting Rs 785 crore as the bid value. The estimated cost of overall work was Rs 731.18 crore within the time limit of 30 months. The second package, a 9.77 km elevated stretch consisting of seven stations, namely Kodibeesanahalli, Marathahalli, Doddanekundi, ISRO, DRDO sports complex, Saraswathi Nagar, and K R Puram, along with 1.097 km long link line to Baiyappanahalli Deport and a 0.3 km long pocket track. Shankaranarayana Constructions Pvt Ltd was the lowest bidder, quoting Rs 623 crore as the bid value. The estimated cost of the overall work came to be Rs 594.25 crore within the stipulated time of 30 months. The ORR (Outer Ring Road) Metro is vital for the city because it passes through the IT corridor housing various multinational agencies. About 90% of land acquisition is already completed, and utility shifted contracts also awarded. ADB (Asian Development Bank) agrees to finance the project. The cabinet also approved Bengaluru Metro Phase 2A and 2B project in April 2021. Image Source Also read: Bengaluru metro phase II-A, phase II-B get MPC clearance Also read: Bengaluru Metro: Segment linking airport receives central cabinet nod

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States’ share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?