HYDERABAD (Metro Rail News): On Monday, IL&FS Engineering and Construction Company Ltd (IECCL) said that it has received approval from Gujarat Metro Rail Corporation (GMRC) for the revival of the contract in respect of the construction of viaduct corridor from interface point with Gyaspur depot.
This involves abutment of the depot to APMC metro station to Shreyas metro rail station to all-inclusive of the elevated portion from chainage minus 1374.50 to plus 3246.50 meters and four elevated metro stations — APMC, Jivraj, Rajiv Nagar and Shreyas — for package one of the north-south corridor for Ahmedabad metro project phase 1.
By 12th September the contract will start and will be completed within 15 months without any change in financial terms of the original contract. The contract value is Rs 382.22 crore, works done Rs 213.24 crore and value of balance work Rs 168.98 crore.
The GMRC terminated this contract on January 19. According to an official statement now IECCL and GMRC have agreed to revive the contract and treat the intervening period from the date of termination as suspension of work without any extra claims except payment under price variation.
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