Nagarjuna Construction wins bid to build 38.44 km B’luru metro line
RAILWAYS & METRO RAIL

Nagarjuna Construction wins bid to build 38.44 km B’luru metro line

Construction firm Nagarjuna Construction Company (NCC) has emerged as the lowest bidder in the construction tender for the 38.44 km long metro line from KR Puram to Kempegowda International Airport (KIA) line.

On Tuesday, the Bangalore Metro Rail Corporation Ltd (BMRCL) opened the financial bids for the construction of the KIA metro line, for which five bidders appeared. The technical bids were opened in June.

The Managing Director of BMRCL, Anjum Parwez, told the media that the final decision of the bid would be taken after a month of opening the bids, confirming that NCC was the lowest bidder.

He further added that some processes are to be taken before awarding the contract. BMRCL needed approval from the Asian Development Bank (ADB), which is funding the metro line.

On Wednesday, Chief Secretary Ravi Kumar and Parwez inspected the RV Road to Central Silk Board to check the progress of the metro line. Parwez told the media that the metro line work is right on track, and the corporation is looking forward to beginning the operations of the metro line by the end of 2022.

Image Source


Also read: HCC-KEN consortium wins Chennai metro phase 2 contract for line 5

Construction firm Nagarjuna Construction Company (NCC) has emerged as the lowest bidder in the construction tender for the 38.44 km long metro line from KR Puram to Kempegowda International Airport (KIA) line. On Tuesday, the Bangalore Metro Rail Corporation Ltd (BMRCL) opened the financial bids for the construction of the KIA metro line, for which five bidders appeared. The technical bids were opened in June. The Managing Director of BMRCL, Anjum Parwez, told the media that the final decision of the bid would be taken after a month of opening the bids, confirming that NCC was the lowest bidder. He further added that some processes are to be taken before awarding the contract. BMRCL needed approval from the Asian Development Bank (ADB), which is funding the metro line. On Wednesday, Chief Secretary Ravi Kumar and Parwez inspected the RV Road to Central Silk Board to check the progress of the metro line. Parwez told the media that the metro line work is right on track, and the corporation is looking forward to beginning the operations of the metro line by the end of 2022. Image SourceAlso read: HCC-KEN consortium wins Chennai metro phase 2 contract for line 5

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement