Fluid Controls InnoTrans 2024 PromotionFluid Controls InnoTrans 2024 Promotion
APL APOLLO Steel Pipes - Powering the Future of Indian Railways
33.1 C
Delhi
Wednesday, July 24, 2024
Fluid Controls InnoTrans 2024 PromotionFluid Controls InnoTrans 2024 PromotionFluid Controls InnoTrans 2024 Promotion
APL APOLLO Steel Pipes - Powering the Future of Indian RailwaysAPL APOLLO Steel Pipes - Powering the Future of Indian RailwaysAPL APOLLO Steel Pipes - Powering the Future of Indian RailwaysAPL APOLLO Steel Pipes - Powering the Future of Indian Railways

Mumbai Metro|L&T, HCC among L1 Bidders for seven Mumbai Metro Rail blocks

Date:

Share post:

Mumbai: Mumbai Metro Rail Corporation (MMRC) has received 31 bids from nine consortium to develop seven sections of the Colaba-Bandra-Seepz corridor.

Seven consortiums have emerged as L1 bidders. Engineering and infrastructure major Larsen & Toubro (in partnership with Shanghai Tunnel Engineering Co) emerged the lowest bidder for two sections (Cuffe Parade to Flora Fountain and Marol to Seepz) of the 33.5-km corridor. Bidders for the other sections include consortiums led by HCC (CST to Mumbai Central section), J Kumar (Dharavi to the domestic airport and the domestic airport to the international one), ITD Cementation (Siddhivinayak to Mahim) and Soma (Mumbai Central to Mahim section).

The third phase of the Mumbai metro project, estimated to cost Rs 23,136 crore, will be developed on a cash-contract basis, not under the build-operate-transfer model used for the 11.4-km Versova-Andheri-Ghatkopar corridor.

MMRC declined to confirm the names of the lowest bidders. “The process is still on. It will take time. MMRC will share the information in this regard at an appropriate time,” Managing Director Ashwini Bhide told.

Japan International Cooperation Agency (JICA) has already announced it will provide a loan at low interest for the Colaba-Bandra-Seepz corridor.

This was reiterated by JICA during Maharashtra Chief Minister Devendra Fadnavis’s recent visit to Japan. After a meeting with JICA officials in September, Fadnavis had tweeted JICA would soon start public consultations on the Mumbai metro project.

The Centre has signed a loan agreement with JICA, which will provide 57 per cent of the total overall project cost, or Rs 13,235 crore. The Centre and the state government will contribute equal amounts.

A sum of Rs 777 crore will be borne by Mumbai International Airport.

The Colaba-Bandra-Seepz metro corridor will have 27 stations. Of these, 26 will be underground (the one at Aarey Colony, Goregaon, will be an exceptions).

The corridor, expected to be completed by FY20, will carry 1.39 million commuters daily by 2021 and 1.7 million a day by 2031.

Of the 31 consortiums, the following have emerged lowest bidders for seven blocks of Colaba-Bandra-SEEPZ Metro Corridor:

  • L&T-Shanghai Tunnel Engineering Co
  • OSJC Moscow Metrostroy-HCC
  • DOGUS-Soma
  • Continental Engineering Corporation-ITD
  • J Kumar Infraprojects-China Railway No 3 Engineering Group
  • The project to be developed in 7 parts which comprise 4-5 kms long twin tunnel
Narendra Shah
Narendra Shahhttps://www.metrorailnews.in
Founder and Managing Editor at Metro Rail News - A Symbroj Media Pvt Ltd. Playing Key role in editorial activities & operation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

spot_img

Related articles

Kochi Metro: KMRL Proposes New Metro Line From Kalamassery to Tripunithura

Proposed MRTS RoutesKochi MetroPhase 1Phase 2 Kochi (Metro Rail News): On July 22, Kochi Metro Rail Limited released the...

Pune Metro Receives 814 Core boost from budget

Maha Metro Seeks Break-Up Details of Funding Pune (Metro Rail News): On July 23, Union Finance Minister Smt. Nirmala...

Chennai Metro: TBM Bhavani Begins Tunneling on Royapettah – R.K. Salai Section of Line 3

TBM Bhavani’s AssignmentInspection of Phase 2Chennai Metro’s Line 3Royapettah metro station Chennai (Metro Rail News): On 21 July, Mr...

Airtel Payments Bank Launches NCMC-enabled Debit and Prepaid Cards in Partnership with DMRC

New Delhi (Metro Rail News): In continuation of the efforts to introduce more digital ticketing solutions for the...