Indo-Russian JV wins Mumbai Metro contract worth Rs 2,523 cr

The contract will be jointly executed by HCC and MMS of Russia; work is for Line 3 of the Mumbai Metro from Colaba to SEEPZ

The contract will be jointly executed by HCC and MMS of Russia; ontract is for construction of 4,072 metre corridor of the underground metro line including four underground stations

Infrastructure major Hindustan Construction Company Ltd (HCC) and MMS of Russia formed a joint venture to execute a contract worth Rs 2,523 crore for the Mumbai Metro Rail Corporation Limited (MMRCL)

"The contract is for construction of 4,072 meter corridor of the underground metro line including four underground stations at Chatrapati Shivaji Terminus, Kalbadevi, Girgaon and Grant Road and twin bored tunnels of total length of 3,115 metres. The project is to be completed in 55 months," HCC said in a regulatory filing to the Bombay Stock Exchange (BSE).

This is part of the Line 3 of the Mumbai Metro from Colaba to SEEPZ. When completed, the 33.5 km long line with 26 underground and one at-grade station will be the first underground metro line in Mumbai.

Arun Karambelkar, President & CEO- E&C, HCC Ltd said: "HCC is pioneer in underground construction and has built parts of Kolkata Metro, Delhi Metro and Mumbai Metro - Phase I. With the cumulative experience we are confident of completing the work in an efficient and speedier manner that will benefit millions of Mumbaikars."