CMRL signs contract for metro station construction in corridor 3
RAILWAYS & METRO RAIL

CMRL signs contract for metro station construction in corridor 3

Chennai Metro Rail Limited (CMRL) has signed a contract agreement for the construction of metro stations in Corridor 3 of the CMRL Phase-II Project. The contract was signed with Dineshchandra-Soma JV on July 13, 2023. This contract is part of Japan International Cooperation Agency (JICA) funding for Phase II of the Chennai Metro.

On June 2, 2023, the Letter of Acceptance (LOA) was issued to the joint venture of Dineshchandra-Soma. The total value of the contract amounts to Rs 1063.37 crore, which includes the provisional sum and GST.

The scope of work under this contract involves the construction of four underground stations at Moolakadai, Perambur Market, Sembiyam, and Perambur Metro Crossover at Sembiyam. Additionally, it includes works other than the diaphragm wall for two underground stations at Madhavaram Milk Colony and Murari Hospital (Madhavaram High Road Metro) in Corridor-3 of the CMRL phase-II project.

The signing ceremony took place in the presence of MA Siddique, I.A.S., Managing Director of CMRL. The contract was signed by T Archunan, Director (Projects) of CMRL, and Pranav Kumar, Vice President (Technical) of the Dineshchandra-Soma Joint Venture. Several officials from CMRL, GC, and the contracting company were present during the occasion, including T Livingstone Eliazer, Chief General Manager (PP&D), D Gurunath Reddy, Additional General Manager (CP), and Reepu Daman Dube, Joint General Manager (UG).

The signing of the contract agreement is a step forward in the development of Chennai’s metro infrastructure. The construction of these metro stations will contribute to the expansion and enhancement of public transportation in the city, providing efficient and convenient connectivity to residents and commuters.

Chennai Metro Rail Limited (CMRL) has signed a contract agreement for the construction of metro stations in Corridor 3 of the CMRL Phase-II Project. The contract was signed with Dineshchandra-Soma JV on July 13, 2023. This contract is part of Japan International Cooperation Agency (JICA) funding for Phase II of the Chennai Metro.On June 2, 2023, the Letter of Acceptance (LOA) was issued to the joint venture of Dineshchandra-Soma. The total value of the contract amounts to Rs 1063.37 crore, which includes the provisional sum and GST.The scope of work under this contract involves the construction of four underground stations at Moolakadai, Perambur Market, Sembiyam, and Perambur Metro Crossover at Sembiyam. Additionally, it includes works other than the diaphragm wall for two underground stations at Madhavaram Milk Colony and Murari Hospital (Madhavaram High Road Metro) in Corridor-3 of the CMRL phase-II project.The signing ceremony took place in the presence of MA Siddique, I.A.S., Managing Director of CMRL. The contract was signed by T Archunan, Director (Projects) of CMRL, and Pranav Kumar, Vice President (Technical) of the Dineshchandra-Soma Joint Venture. Several officials from CMRL, GC, and the contracting company were present during the occasion, including T Livingstone Eliazer, Chief General Manager (PP&D), D Gurunath Reddy, Additional General Manager (CP), and Reepu Daman Dube, Joint General Manager (UG).The signing of the contract agreement is a step forward in the development of Chennai’s metro infrastructure. The construction of these metro stations will contribute to the expansion and enhancement of public transportation in the city, providing efficient and convenient connectivity to residents and commuters.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement