RInfra,Tatas win bids for Mumbai Metro project

Reliance Infrastructure (RInfra) and Tata Projects have won packages for the Mumbai Metro line-4 project worth ~26.32 billion in two separate bids.

Of the five packages put up for auction, RInfra will develop three for ~15.84 billion and Tata Projects will work on the remaining two for ~10.48 billion.

The other companies that participated in the auction include Larsen & Toubro (L&T), J Kumar Infraprojects, the HCC-Sadbhav joint venture, IL&FS Transportation Networks (ITN), NCC, Gammon India, JMC projects, and Supreme Infrastructure.

“Reliance Infrastructure engineering, procurement and construction (EPC) has received the Letter of Award (LOA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for three packages worth ~15.84 billion to design and construct elevated viaduct

and stations for the NorthSouth Metro-4 corridor that will connect Kasarwadavali in Thane and Wadala,” RInfra said in its statement.

RInfra had participated in the auction through a joint venture with ASTALDI S.p.A, Italy. The project is slated to be completed in 30 months.

Tata Projects, in its statement, said, “This strengthens Tata Projects' metro portfolio in the Mumbai Metropolitan Region, along with the ongoing underground metro works in South Mumbai. The company is now handling six metro packages across the country.”

Tata Projects will execute these packages in a joint venture with China Harbour Engineering Company (CHEC).

RInfra is eyeing projects worth about ~2 trillion to increase its EPC order book to ~500 billion in the current financial year.

Earlier this week, the company announced it had received a purchase order of ~10.81 billion from Nuclear Power Corporation of India (NPCI) for the EPC contract for some packages of the Kudankulam project.