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RInfra, Astaldi JV bags three packages worth Rs 15.84 bn for Mumbai Metro

RInfra EPC CEO Arun Gupta said the company is well positioned in emerging Metro Rail market

Press Trust of India  |  New Delhi 

Mumbai Metro
FILE PHOTO: Mumbai Metro

(RInfra) on Friday said its joint venture with Italy's has won a contract worth Rs 15.84 billion for a line.

"EPC has received the Letter of Award from Mumbai Metropolitan Region Development Authority (MMRDA) for three packages worth Rs 15.84 billion for construction of North-South Metro-4 corridor which will run between Kasarwadavali in Thane and Wadala," said in a statement.

had participated in the tender for engineering, procurement and construction (EPC) contracts for five packages in a joint venture with Astaldi, it said.

The scope of work includes part design and construction of elevated viaduct and stations (excluding architectural finishing and pre-engineered steel roof structure of stations) of Line 4, the statement said.

This includes entry and exit structures of the stations.

The 32.32-km long will connect Wadala in central Mumbai with the neighbouring Thane district via the Eastern Express highway, the statement said.

According to MMRDA, the Metro Corridor will provide more North-South rail connectivity and reduce the burden on the suburban rail network.

CEO Arun Gupta said the company is well positioned in emerging Metro Rail market and poised to capture a sizeable share.

The company said it is keenly pursuing project opportunities worth around Rs 2 trillion to increase the EPC order book to Rs 500 billion by 2018-19.

It said has executed large-scale projects worth Rs 330 billion including the ultra mega power project (UMPP) of 3,960 MW at Sasan, Madhya Pradesh. The infrastructure major has been focusing on projects in power, roads, railways, defence and ports.

First Published: Fri, April 13 2018. 14:58 IST