ALSO READMMRDA awards phase 1 of DN Nagar-Mankhurd metro 2B to Simplex Simplex Infrastructures gets ratings assigned for CP issue Simplex Infrastructures standalone net profit rises 67.03% in the June 2017 quarter Board of Simplex Infrastructures recommends final dividend Simplex Infrastructures gets reaffirmation in credit ratings
The company will design and build a 12-km-long viaduct and 11 stations in the first part on the DN Nagar-Mankhurd corridor at a cost of Rs 1,080 crore, which was the lowest among all bids received, said a top MMRDA official.
"It will be awarded to the contractor company after the executive committee's approval. It is another important step towards developing the metro network in the city, which is the need of the hour," MMRDA Metropolitan Commissioner U.P.S. Madan said.
Simplex Infrastructures Ltd. will construct 11 elevated stations enroute -- ESIC Nagar, Prem Nagar, Indira Nagar, Old Airport, Khira Nagar, Saraswat Nagar, National College, MMRDA Office, Bandra West, IT Office and BKC.
Tenders for the remaining 11 stations -- MTNL Metro, SG Barve Marg, Kurla Terminal, Kurla East, Eastern Express Highway, Chembur, Diamond Garden, Shivaji Chowk, BSNL Metro, Mankhurd and Mandala Depot -- shall be issued separately, Madan added.
The DN Nagar-Mankhurd Metro-2B Corridor is 23.5km long with a total of 22 stations which would have an estimated daily ridership of over 800,000 when completed.
Besides implementing various big and small development projects in Mumbai, Maharashtra, and other parts of India, Simplex Infrastructures Ltd. is also engaged in infra projects in the Middle East, Bangladesh and Sri Lanka.
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