Paras Railtech Wins Rs 1.22 Billion Mumbai Metro Contract
RAILWAYS & METRO RAIL

Paras Railtech Wins Rs 1.22 Billion Mumbai Metro Contract

Paras Railtech Private Limited has received the Letter of Acceptance (LoA) for the second ballastless track contract, Package CA-273, of Mumbai Metro Line 2B (Yellow Line). The 23.6-km corridor runs between Andheri West and Mandale.

The Mumbai Metropolitan Region Development Authority (MMRDA) had floated the tender in March 2025 with an estimated value of Rs 1.22 billion. Technical bids were opened on 22 April, with three firms submitting offers. Following technical evaluation on 14 May, two bids were rejected during the financial assessment. Paras Railtech was declared the lowest bidder and on 11 August 2025 was awarded the LoA.

According to the financial bids, Paras Railtech quoted Rs 999 million, Purvakriti Infrastructure Pvt Ltd Rs 189 million, and Rahee Infratech Limited Rs 120 million.

The contract duration is 600 days, during which Paras Railtech will be responsible for the design, supply, installation, testing and commissioning of standard gauge ballastless track. The alignment will run from Andheri West Station (excluding station chainage 34+035.873) to ITO Station in Bandra-Kurla Complex (including station chainage 44+857.698).

This package marks another critical step in advancing Line 2B, which is expected to enhance connectivity across Mumbai’s western and central corridors.


Paras Railtech Private Limited has received the Letter of Acceptance (LoA) for the second ballastless track contract, Package CA-273, of Mumbai Metro Line 2B (Yellow Line). The 23.6-km corridor runs between Andheri West and Mandale.The Mumbai Metropolitan Region Development Authority (MMRDA) had floated the tender in March 2025 with an estimated value of Rs 1.22 billion. Technical bids were opened on 22 April, with three firms submitting offers. Following technical evaluation on 14 May, two bids were rejected during the financial assessment. Paras Railtech was declared the lowest bidder and on 11 August 2025 was awarded the LoA.According to the financial bids, Paras Railtech quoted Rs 999 million, Purvakriti Infrastructure Pvt Ltd Rs 189 million, and Rahee Infratech Limited Rs 120 million.The contract duration is 600 days, during which Paras Railtech will be responsible for the design, supply, installation, testing and commissioning of standard gauge ballastless track. The alignment will run from Andheri West Station (excluding station chainage 34+035.873) to ITO Station in Bandra-Kurla Complex (including station chainage 44+857.698).This package marks another critical step in advancing Line 2B, which is expected to enhance connectivity across Mumbai’s western and central corridors.

Next Story
Equipment

ICEMA Reports Resilient CE Industry Amid Export Surge

India’s construction equipment (CE) industry reported a marginal decline of around 2 per cent in total equipment sales during FY2025–26, with overall sales falling to 136,995 units from 140,191 units in FY25. However, exports registered strong growth of 31.5 per cent, reinforcing India’s position as the world’s third-largest construction equipment market.According to ICEMA, domestic demand declined by around 7 per cent across most equipment categories due to slower infrastructure execution, project delays, land acquisition challenges and slower disbursement cycles. ICEMA said the secto..

Next Story
Infrastructure Transport

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement