Aecom India emerges lowest bidder for Thane Ring Metro consultancy contract

25 Apr 2026 CW Team

Maharashtra Metro Rail Corporation (MMRC) has declared Aecom India Pvt. Ltd as the lowest bidder (L1) for the General Consultancy (GC) contract of the Thane Integral Ring Metro Project. Aecom submitted a bid of ₹142 crore, the lowest among the competing firms, according to officials.

The consultancy contract is valued at around ₹148 crore and carries a completion timeline of 48 months. Under the agreement, the selected consultant will be responsible for providing end-to-end project management support, including design review, construction supervision, quality assurance and safety monitoring.

Officials said the General Consultant will also play a key role in coordinating between multiple stakeholders to ensure smooth execution of the project while adhering to technical specifications and regulatory requirements.

As per the bid details, Ayesa Ingenieria Y Arquitectura, S.A.U quoted ₹148.1 crore, while Systra Mva Consulting (India) Private Limited offered ₹170.3 crore. Hill International Private Limited submitted the highest bid of ₹209.7 crore.

The scope of work includes engagement of a General Consultant for the Thane Integral Ring Metro Project, which is planned as a 29-km corridor with 22 stations. The project is expected to strengthen east-west connectivity in Thane and integrate with existing suburban rail and metro networks.

With an estimated cost of around ₹12,200 crore, the Thane Metro project is aimed at easing traffic congestion and supporting mobility needs in one of the Mumbai Metropolitan Region’s fastest-growing urban centres.

Meanwhile, industry stakeholders are also expected to discuss emerging technologies and sustainability trends in urban rail systems at InnoMetro 2026, scheduled to be held on May 21-22, 2026 at Bharat Mandapam, New Delhi.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..