DRA Infracon-led JV emerges as lowest bidder for Chennai Metro Phase 2
RAILWAYS & METRO RAIL

DRA Infracon-led JV emerges as lowest bidder for Chennai Metro Phase 2

On May 1, 2023, the Chennai Metro Rail (CMRL) unveiled the financial/price bids for the underground civil contract package UG-01/RT-01 (Madhavaram to Perambur) of Phase 2 corridors of the Chennai Metro Rail Project in Chennai.

According to the results of the financial bids opening, the consortium of Dineshchandra R. Agrawal Infracon and Soma Construction emerged as the lowest bidder for the construction of five underground metro stations for Corridor 23 of the Chennai Metro Rail Project Phase 2.

The scope of work includes constructing the underground stations at Thapalpetti, Moolakadai, Sembiyam, Perambur Market, and Perambur Metro, as well as the Crossover at Sembiyam, and work other than the Diaphragm wall of two underground stations at Madhavaram Milk Colony and Murari Hospital in connection with corridor 3 of Chennai Metro Rail Project Phase 2.

Also Read
Noida to buy 500 acre to raise new industrial sectors
TN Cabinet approves project that will bring Rs 35,000 cr investments

On May 1, 2023, the Chennai Metro Rail (CMRL) unveiled the financial/price bids for the underground civil contract package UG-01/RT-01 (Madhavaram to Perambur) of Phase 2 corridors of the Chennai Metro Rail Project in Chennai. According to the results of the financial bids opening, the consortium of Dineshchandra R. Agrawal Infracon and Soma Construction emerged as the lowest bidder for the construction of five underground metro stations for Corridor 23 of the Chennai Metro Rail Project Phase 2. The scope of work includes constructing the underground stations at Thapalpetti, Moolakadai, Sembiyam, Perambur Market, and Perambur Metro, as well as the Crossover at Sembiyam, and work other than the Diaphragm wall of two underground stations at Madhavaram Milk Colony and Murari Hospital in connection with corridor 3 of Chennai Metro Rail Project Phase 2. Also Read Noida to buy 500 acre to raise new industrial sectors TN Cabinet approves project that will bring Rs 35,000 cr investments

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?