CHENNAI (Metro Rail News): Chennai Metro Rail Limited (CMRL) has issued a Letter of Acceptance to M/s Saraswathi Engineering Construction (P) Ltd for a civil contract, which involves executing the construction of entry/exit structures to enable additional escalator facilities at elevated stations under the Corridor-5 (ECV-02 package) of Phase-2 of the Chennai Metro Rail Project.
Tender Overview
| Tender Number | CMRL/CP/TDR-64-CON/2026 |
| Project Value | ₹23.70 crore (including GST) |
| Contract Duration | 120 days |
Bidders’ Details
| Firm | Bid Price |
| Saraswathi Engineering Construction (p) ltd | Rs 23.8 Crore |
| Priya Engineering Projects Private Limited | ₹ 25.3 Cr |
Chennai Metro Line 5 (also known as the Red Line) is an under-construction 44.6 km corridor under Phase II that connects Madhavaram Milk Colony to Sholinganallur.
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Project Overview