After the companies had submitted their bids, the project estimates only for the civil works shot up due to 28 counts from Rs 10,188 crore to Rs 18,114.9 crore. Only the joint ventures of J Kumar-CRTG (Rs 4,935.42 crore) and L&T-STEC (Rs 5,269.98 crore) have bagged two packages each out of the seven packages from the construction of the total 32.5-km line. The joint ventures that bagged the project are Hindustan Construction Co-MMS (Russia), Larsen & Toubro-STEC, Dogus-Soma, CEC-ITD CEM-TPL and J Kumar-China Railway Tunnel Group (CRTG). The bidding process is currently underway for other contracts like electronic system, rolling stock, platform screen doors and ventilation. Joint ventures of HCC, L&T and J Kumar bag contracts for the Colaba-Bandra-Seepz project; work to start after monsoon; expected to be completed by 2021The proposed underground Colaba-Bandra-Seepz metro rail project moved a step closer to reality with with the Mumbai Metro Rail Corporation (MMRC) awarding civil work contracts worth Rs 18,114.9 crore awarded to five infrastructure and construction companies for the project.

Source: dna July 06, 2016 02:21 UTC