ITD Cem emerges as L-1 bidder for Chennai Metro Line-4’s Underground Work

01 Dec 2022 CW Team

Package UG-01

Bharathidasan Road Station and Light House Station are connected by this 5.15 km route with twin tunnels and 5 stations. Four of them will be built as part of this package, and they will be located in Bharathidasan Road, Alwarpet, Kutchery Road, and Light House.

The Line-3's Package UG-04, which was awarded by Larsen & Toubro, will be used to construct Thirumayilai Station (the interchange of Line-3 and Line-4) There is no longer a station planned for Foreshore Road.

Financial Bid Results
Firm	Bid (Rs. Crore)
ITD Cem	1905.91
Gulermak	2006.26
J Kumar – Patel Infra JV	2089.33
L&T	2178
STEC	2898.84

Brief Scope: Underground station construction at Light House, Kutchery Road, Alwarpet, and Bharathidasan Road, including underground stabling yard and cross over at Light House Station, and associated twin tunnel, from chainage 0+001m to chainage 5+150m.

Package UG-02

With five stations at Kodambakkam Flyover (formerly Meenakshi College), Kodambakkam, Panagal Park (with a crossover), Nandanam, and Boat Club, this 4.877 km section with twin tunnels connects a ramp west of Kodambakkam Flyover Station to Boat Club Station. There is no longer a station planned for Natesan Park.

Financial Bid Results
Firm	Bid (Rs. Crore)
ITD Cem	1856.14
Gulermak	1980.57
Dogus	2281.1
L&T	2376
STEC	2424.98

Brief Scope: Underground station construction at Boat Club, Nandanam, Panagal Park, Kodambakkam, Kodambakkam Flyover with underground crossover at Panagal Park Station and associated twin tunnel, cut & cover box, U section, and ramp project begins at 5+150m and ends at 10+0.27m.

Scope	Contractor / Status
Package DPT-01: Construction of Poonamallee Depot	Altis – VCL JV
Package C4-ECV-02: 7.945 km elevated section with 9 stations from Porur Junction to Poonamallee Bypass	HCC – KEC JV
Package C4-ECV-01: 7.955 km elevated section with 9 stations from Power House to Porur Junction (Line-4 & Line-5)	Larsen & Toubro
Package C4-UG-01: 5.15 km underground section with 5 stations from Bharathidasan Road to Light House	ITD Cem is lowest bidder (this post!)
Package C4-UG-02: 4.877 km underground section with 5 stations from Power House Ramp to Boat Club	ITD Cem is lowest bidder (this post!)
STEC	2424.98

In addition, financial bids for all five packages have been opened on Line-5. Only the Taramani Link Road - Sholinganallur - SIPCOT 2 section, consisting of two elevated packages, is currently awaiting results on Line-3.

ITD Cementation India Ltd. was announced today as the low bidder for the civil construction and tunnelling contracts for the 10 km underground packages UG-01 and UG-02 connecting Power House Ramp - Light House Station on Chennai Metro Line-4. CMRL had invited tenders for both of these packages of the 118.9 km Chennai Metro Phase 2 project, which has a 48-month deadline and is funded by the Asian Development Bank (ADB) through a $780 million (approx. Rs. 5890 crore) loan. Package UG-01 Bharathidasan Road Station and Light House Station are connected by this 5.15 km route with twin tunnels and 5 stations. Four of them will be built as part of this package, and they will be located in Bharathidasan Road, Alwarpet, Kutchery Road, and Light House. The Line-3's Package UG-04, which was awarded by Larsen & Toubro, will be used to construct Thirumayilai Station (the interchange of Line-3 and Line-4) There is no longer a station planned for Foreshore Road.Financial Bid ResultsFirmBid (Rs. Crore)ITD Cem1905.91Gulermak2006.26J Kumar – Patel Infra JV2089.33L&T2178STEC2898.84Brief Scope: Underground station construction at Light House, Kutchery Road, Alwarpet, and Bharathidasan Road, including underground stabling yard and cross over at Light House Station, and associated twin tunnel, from chainage 0+001m to chainage 5+150m. Package UG-02 With five stations at Kodambakkam Flyover (formerly Meenakshi College), Kodambakkam, Panagal Park (with a crossover), Nandanam, and Boat Club, this 4.877 km section with twin tunnels connects a ramp west of Kodambakkam Flyover Station to Boat Club Station. There is no longer a station planned for Natesan Park.Financial Bid ResultsFirmBid (Rs. Crore)ITD Cem1856.14Gulermak1980.57Dogus2281.1L&T2376STEC2424.98 Brief Scope: Underground station construction at Boat Club, Nandanam, Panagal Park, Kodambakkam, Kodambakkam Flyover with underground crossover at Panagal Park Station and associated twin tunnel, cut & cover box, U section, and ramp project begins at 5+150m and ends at 10+0.27m.ScopeContractor / StatusPackage DPT-01: Construction of Poonamallee DepotAltis – VCL JVPackage C4-ECV-02: 7.945 km elevated section with 9 stations from Porur Junction to Poonamallee BypassHCC – KEC JVPackage C4-ECV-01: 7.955 km elevated section with 9 stations from Power House to Porur Junction (Line-4 & Line-5)Larsen & ToubroPackage C4-UG-01: 5.15 km underground section with 5 stations from Bharathidasan Road to Light HouseITD Cem is lowest bidder (this post!)Package C4-UG-02: 4.877 km underground section with 5 stations from Power House Ramp to Boat ClubITD Cem is lowest bidder (this post!)STEC2424.98 In addition, financial bids for all five packages have been opened on Line-5. Only the Taramani Link Road - Sholinganallur - SIPCOT 2 section, consisting of two elevated packages, is currently awaiting results on Line-3.See also: Eight bids in for Chennai Metro Phase 2 extension feasibility report Four bidders submit bids for Chennai Metro’s line-4 PSD contract

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..