Reliance Infrastructure’s joint venture with Italy’s Astaldi SPA has won a contract worth Rs1,584 crore for developing three of the five packages of Mumbai’s Metro-4 corridor. Tata Projects won the other two packages of Mumbai Metro Line 4
“RInfra EPC has received the Letter of Award from Mumbai Metropolitan Region Development Authority (MMRDA) for three packages worth Rs 1,584 crore for the construction of North-South Metro-4 corridor which will run between Kasarwadavali in Thane and Wadala,” RInfra said in a statement on Friday.
Tata Projects has teamed up with China Harbour Engineering Company (CHEC) as a partner to win Package 9 with a bid of Rs538.02 crore and Package 11 with a bid of Rs510.22 crore.
Reliance Infra has won the contracts for Packages 8, 10 and 12, involving the construction of 18 stations, 19.9 km of viaducts and two railway crossings.
Rinfra, which had bid in a joint venture with Astaldi of Italy, said it has been given the letter of award by the Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of three packages worth Rs1,584 crore for the Mumbai Metro’s Line 4.
The proposed 32.32-km metro will connect the suburb of Kasarvadavali in Thane to Wadala in central Mumbai. The work has to be completed in a time-frame of two and a half years from the date of award.
Overall, there were 11 bidders in the fray for five packages on Line 4. The companies that participated included Larsen & Toubro, HCC, IL&FS Transportation, NCC, J Kumar Infraprojects and JMC Projects, among others.
The metro is expected to reduce the travel time from over an hour at present to less than 30 minutes as well as provide more north-south rail connectivity, and reduce the burden on the city’s existing suburban rail network.
Earlier this week, a consortium led by Germany’s DB Engineering was awarded the project and construction management services contract valued at $2.26 billion for Metro Line 4. The MMRDA has proposed 10 metro corridors for the Mumbai Metropolitan Region at a total cost of about Rs85,000 crore.