CHENNAI, INDIA (Metro Rail News): CMRL has opened financial bids for its underground construction works comprising five packages on 01st October 2021. In this Indian major infra firm, Larsen & Toubro (L&T) emerged as the lowest contender in three packages, i.e., UG-03, UG-04, UG-05 of the Chennai Metro Phase-02 project. The total cost of these projects is approximately Rs. 4878 Crores. This corridor will connect Madhavaram Milk Colony to SIPCOT through 49 stations, and the total length of this project is approx. 45.81 KMs.
Packages | Larsen & Toubro (L&T) Financial Bids | Tata Projects Ltd. (TPL) Financial Bids |
UG-03 (KMC to Royapettah) | Rs. 1872 Crores | Rs. 1975.29 Crores |
UG-04 (Radhakrishnan to Adyar Junction) | Rs. 1945 Crores | Rs. 2040.75 Crores |
UG-05 (Adyar Depot to Taramani Link Road Ramp) | Rs. 1062 Crores | Rs. 1085.29 Crores |
However, Tata Projects Ltd. (TPL) and DRA Infracon Pvt. Ltd emerged as the lowest bidder contender in packages UG-01 and UG-02, respectively.