Apurvakriti Wins Contract for Mumbai Metro Line-4 Track Work
This contract's tracks (Package CA-161) will be installed on the 15.77 km northern portion of Line 4 & 4A between Mulund Fire Station and Gaimukh. A tender notice is currently pending for Line-4's southern leg (Wadala - Mulund Fire Station).
The Mumbai Metropolitan Region Development Authority (MMRDA) had invited bids for this contract in January 2023, with an undetermined budget and a two-year installation deadline. In March, technical bids were opened, revealing five bidders.
Financial Bid Values
Brief Scope: Design, Construction, Manufacturing, Supply, Installation, Testing and Commissioning of Ballastless Trackwork in Mainline from Mulund Fire Station Ch. 18929.611 M to Gaimukh Ch. 34702.272 M including Siding Tracks of Gaimukh Station
Jindal Steel & Power Ltd. (JSPL) was deemed the lowest bidder in February for the supply of 9800 MT of head-hardened rails. A re-tender notice for Line-4's 234 coach rolling stock contract, which was terminated by Alstom Transport in early 2022, is still pending.
ABS Marine Sees CRISIL Credit Rating Upgrade
ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..
Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal
Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..
Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway
Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..
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