KMRL awards Rs 11.41 bn contract to Afcons for phase 2 construction

27 Jun 2024 CW Team

Kochi Metro Rail Limited (KMRL) has awarded the Rs 11.41 billion contract for civil construction works to Afcons Infrastructure Limited, according to reports. This contract will advance the construction of the Kochi Metro Phase 2, which will extend from JLN Stadium to Kakkanad. Construction of viaducts and stations is set to commence soon.

Afcons Infrastructure's bid was the only one technically qualified after bids from three other major firms were disqualified due to non-compliance with tender conditions, as reported by TOI. Afcons will design and construct an elevated viaduct and ten elevated stations from JLN Stadium Metro Station to Infopark via Kakkanad.

Construction work by Afcons is slated to begin in July 2024. The company has a history of involvement in major infrastructure projects, including the Delhi Meerut RRTS project, Atal Tunnel project, Chenab Railway Bridge project, Chennai Metro Blue Line project, and the rail line to ICTT, Vallarpadam.

The total length of the Phase 2 metro line is 11.2 km. New metro stations will be developed at Palarivattom Junction, Palarivattom Bypass, Chembumukku, Vazakkala, Padamugal, Kakkanad Junction, Cochin SEZ, Chittethukura, Kinfra, and Infopark.

KMRL plans to complete the civil construction work of the Pink Line in 20 months, followed by system signalling works within another four months. Viaduct work at six locations and construction at four station locations will occur simultaneously. A precast method will be adopted to expedite the civil construction, with a nearly six-hectare precast yard identified at HMT Kalamassery. The project will feature two special spans of steel truss, each more than 60 meters in length, one at the Palarivattom Bypass crossing area and the other near St. Martin Church, Palarivattom Junction.

(Source: Housing.com)

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..