IRCON Wins $75M Mumbai Metro Line 6 Contract

20 Feb 2025 CW Team

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.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..