SURAT (Metro Rail News): Sadbhav Engineering has recently said that its joint venture firm has been declared the lowest bidder for construction of a part of the Surat Metro project.
The bid value submitted by the firm stands at Rs 780 crore which is lowest among all.”We have been declared as the lowest bidder by Gujarat Metro Rail Corporation (GMRC) Ltd for construction of 11.6 km elevated viaduct and 10 stations for Surat Metro Rail Project phase-1… in the name of SEL-SPSCPL Joint Venture,” the company has said.
The company’s bid cost for the project was Rs 779.73 crore, and the letter of award is expected to be received from GMRC soon according to an official.
