IL&FS grabs Rs 300 cr Kolkata Metro project
Infrastructure firm IL&FS Engineering and Construction informed that they were successful in getting a Rs 300- crore contract for elevated metro stations on Kolkata Metro Line in West Bengal by Rail Vikas Nigam Ltd (RVNL).
The company says that they are awarded a contract by RVNL, Kolkata for a value of Rs 299.76 crore for the construction of seven elevated metro stations from sub CBD-1 to Titumir in New Garia-Airport Metro Corridor of Kolkata Metro Line in the state of West Bengal. This project will be completed in three years from the date of its approval.
The company is already involved in implementation of two railway contracts for RVNL worth more than Rs 500 crore – one involving construction of a new broad gauge railway line in Kadapa and Nellore districts of Andhra Pradesh while the other project involves the doubling of Bhigwan-Mohol section part of Daund-Gulbarga doubling in Solapur district of Maharashtra.
The company is also working on Rapid Metro Project, phase II in Gurgaon involving construction of 6.7 km of elevated viaduct and five elevated stations of around Rs 350 crore value. Before that, the company was occupied in the construction of Rapid Metro’s phase I worth Rs 259 crore that involved construction of single and double track elevated viaduct, including six station buildings. The share of company ended at Rs 39.80 apiece with a gain of 5.99% from its last close on BSE.
Source: mydiigitalfc.com
Bhigwan-Mohol, BSE, Daund-Gulbarga, IL&FS, Kolkata, Kolkata Metro Line, Kolkata Metro project, Maharashtra, New Garia-Airport Metro, Rail Vikas Nigam Ltd, Rapid Metro phase II, Rapid Metro's phase I, RVNL, Solapur, Titumir, West Bengal
