$64.8mn MMTS project in AP
GMR Consortium to commence work
This includes a dedicated freight corridor and the upcoming high speed Railway projects. In this project, GMR’s share of work is about US$ 34.5 million.
Aconsortium led by GMR Infrastructure Limited has won three construction packages of railline doubling of Multi Modal Transport System (MMTS) – Phase II works on Secunderabad Division of South Central Railway in Andhra Pradesh, India. Rail Vikas Nigam Limited has issued the Letter of Award to the GMR consortium on June 11, 2014.
The total contract is valued at approximately US$ 64.8 million (Rs. 389 crore) of which GMR’s share of work is about US$ 34.5 million (Rs. 207 crore). The work includes construction of roadbed, major & minor bridges, track linking, outdoor signal &telecom (S&T) works, over head electrification (OHE), traction sub station (TSS) & general electrical works for MMTS – Phase II.
GMR is the lead member of the consortium with TATA Projects and Kalindee Rail Nirman as the partner for OHE and Track works, S&T works respectively. The project is scheduled to commence by middle of July 2014, with a completion period of 30 months.
BVN Rao, Business Chairman, Urban Infrastructure and Highways, GMR Group, expressed, “This is a testimony of our continuing interests in Railway projects, as we see a huge potential to upgrade the Railway Infrastructure in the country. This includes the Dedicated Freight corridor (DFC) and the upcoming high speed Railway projects, as recently announced by the Government”.