THANE (Metro Rail News): Maha-Metro (Maharashtra Metro Rail Corporation Limited) has announced HG Infra-Kalpataru JV as the lowest bidder for the civil contract of Thane Integral Ring Metro Project. This is a joint venture , with KPIL holding 60% and HG Infra holding 40% share.
Maha-Metro invited bids for this contract with a completion deadline of 913 days. The technical bids were opened on 10 September 2025, revealing that 6 firms have submitted bids for the contract. Technical evaluation of the submitted bids was conducted on 20 November 2025, during which one firm’s bid was disqualified. Subsequently, the financial bids were opened on 21 November 2025, where Kalpataru Projects International emerged as the lowest bidder for the contract.
Financial Bid Values
| Firm | Bid Value |
| HG Infra-Kalpataru JV | ₹ 1415 Cr |
| Afcons Infrastructure Limited | ₹ 1675.8 Cr |
| G.R Infraprojects Limited | ₹ 1657.8 Cr |
| Larsen and Toubro Limited | ₹ 1836 Cr |
| M/S J. Kumar Infraprojects Ltd | ₹ 1755.9 Cr |
Contract’ Scope of Work: Design and Construction of Elevated Metro Viaduct of length 20.527km between End of UG Ramp to Balkum Naka including Depot Approach Viaduct and three Special Spans for Thane Integral Ring Metro Project.
The Thane Metro Phase 1 project, officially known as the Thane Integral Ring Metro, is a 29-kilometer mass rapid transit system featuring a single circular line with 22 stations. The corridor will trace a 29-kilometer route along the western periphery of Thane city.
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