You are here: Home » News-CM » Companies » News
Business Standard

IL&FS Engineering and Construction Co announces revival of Ahmedabad Metro Project

Capital Market 

IL&FS Engineering and Construction Co has received approval from Gujarat Metro Rail Corporation for revival of the contract in respect of construction of viaduct corridor from interface point with Gyaspur Depot, that is abutment of Depot to APMC Metro Station to Shreyas Metro Rail Station to all inclusive of elevated portion from Chainage (-) 1374.50 to (+) 3246.50 m and Elevated Metro stations (Four) viz.

APMC, Jivraj, Rajiv Nagar and Shreyas for Package-l of North South corridor for Ahmedabad Metro Project, Phase 1.

Earlier, the GMRC has terminated this contract on 19 January 2019 and now the Company IECCL and GMRC agreed to revive the contract and treat the intervening period from the date of termination as suspension of work without any extra claims except payment under price variation.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, September 09 2019. 13:15 IST