Reliance Infrastructure JV (Joint Venture) with Italy’s Astaldi Bags Rs 1,584 Crore contract for Mumbai Metro-4 Corridor

Reliance Infrastructure JV (Joint Venture) with Italy’s Astaldi Bags Rs 1,584 Crore contract for Mumbai Metro-4 Corridor

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Date Of Post: 13 Apr, 2018

New Delhi: Reliance Infrastructure (RInfra) joint venture with Italy’s Astaldi SPA has won a contract worth Rs 1,584 crore for Mumbai Metro line 4. RInfra said in a statement,”RInfra EPC has received the Letter of Award from Mumbai Metropolitan Region Development Authority (MMRDA) for three packages worth Rs 1,584 crore for construction of North-South Metro-4 corridor which will run between Kasarvadavali in Thane and Wadala.”

About The Contract-

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

More Information:

  • RInfra had participated in the tender for Engineering, Procurement & Construction (EPC) contracts for 5 packages in a joint venture with Astaldi.
  • The statement said, the 32.32 km long Wadala-Ghatkopar-Thane-Kasarvadavali Metro will connect Wadala in central Mumbai with the neighbouring Thane district via the Eastern Express highway.
  • The Metro Corridor will provide more North-South rail connectivity and reduce the burden on the suburban rail network, according to MMRDA.
  • The company is keenly pursuing project opportunities worth around Rs 2 lakh crore to increase the EPC order book to Rs 50,000 crore by 2018-19, it said.
  • The infrastructure major has been focusing on projects in power, roads, railways, defence & ports.

Image Credit: arzankotval2002 – Flickr

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