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IRCON Wins $75M Mumbai Metro Line 6 Contract
RAILWAYS & METRO RAIL

IRCON Wins $75M Mumbai Metro Line 6 Contract

The Mumbai Metropolitan Region Development Authority (MMRDA) has declared IRCON International the lowest bidder for Package CA-233 of Mumbai Metro Line 6 (Pink Line), a 15.18 km corridor connecting Swami Samarth Nagar (Lokhandwala) to Vikhroli.

MMRDA floated the tender in January 2024 with an estimated cost of $71 million. Four firms submitted bids, with three qualifying for the financial evaluation stage. IRCON emerged as the lowest bidder with an offer of $75 million—just 6.71% above MMRDA’s estimate.

Financial Bids (? billion/million):

IRCON International – Rs 6.27 billion ($75 million) Larsen & Toubro (L&T) – Rs 8.34 billion ($100 million) Ashoka – PMPL – RVNL JV – Rs 10.8 billion ($130 million)

The contract covers the design, supply, installation, and commissioning of critical metro systems, including:

Power supply & traction system Electrical & mechanical (E&M) systems Lifts & escalators at 13 elevated stations

Additionally, the project includes five years of comprehensive maintenance after a two-year defect liability period.

With IRCON’s bid only marginally exceeding the estimate, MMRDA is expected to award the contract in the coming weeks.

The Mumbai Metropolitan Region Development Authority (MMRDA) has declared IRCON International the lowest bidder for Package CA-233 of Mumbai Metro Line 6 (Pink Line), a 15.18 km corridor connecting Swami Samarth Nagar (Lokhandwala) to Vikhroli. MMRDA floated the tender in January 2024 with an estimated cost of $71 million. Four firms submitted bids, with three qualifying for the financial evaluation stage. IRCON emerged as the lowest bidder with an offer of $75 million—just 6.71% above MMRDA’s estimate. Financial Bids (? billion/million): IRCON International – Rs 6.27 billion ($75 million) Larsen & Toubro (L&T) – Rs 8.34 billion ($100 million) Ashoka – PMPL – RVNL JV – Rs 10.8 billion ($130 million) The contract covers the design, supply, installation, and commissioning of critical metro systems, including: Power supply & traction system Electrical & mechanical (E&M) systems Lifts & escalators at 13 elevated stations Additionally, the project includes five years of comprehensive maintenance after a two-year defect liability period. With IRCON’s bid only marginally exceeding the estimate, MMRDA is expected to award the contract in the coming weeks.

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