IL&FS Emerges as Lowest Bidder for Chennai Metro’s 2 UG Stations

IL&FS Transportation Networks has announced that their IL&FS – PJSC Kyivmetrobud JV has emerged as the lowest bidder for constructing Chennai Metro’s UAA-09 package which involves the construction of two underground stations at Sir Thiyagaraya College & Korukkupet on Chennai Metro’s 9 km extension from Washermenpet to Wimco Nagar. This northern extension of the 23.10 km  Chennai Airport – Washermenpet line was approved by the Ministry of Urban Development in December 2015 and Afcons Infrastructure has already started work under contract UAA-08 for building its 2.4 km tunnels & station diaphragm walls.

As per a notice by IL&FS to BSE & NSE:

The Joint Venture comprising of the Company and M/s. PJSC Kyivmetrobud in the ratio of 70:30 had submitted bids with the Chennai Metro Rail Limited (“CMRL”) on Item Rate basis for “Design Validation and Construction of works of underground station (Excluding Station Diaphragm Walls) Associated Structures at Concourse, Platform Level, Entry/Exit, Ancillary Building, Pumphouse, Water Tanks, Ventilation Shafts, Plumbing and Earthmat etc., and Architectural Finishes, Signage’s etc.(“the Project”)

We wish to inform that the Joint Venture has emerged as the Lowest Bidder for the development of the Project. The Joint Venture had quoted an amount of Rs. 371.218 Crore for the Project to be completed in a period of 20 months.

Location of Sir Thiyagaraya College & Korukkupet stations – view Chennai Metro map & information

Chennai Metro Rail Ltd. had invited bids for this package in August 2016 and estimated it to cost Rs. 385 crores. The IL&FS – PJSC Kyivmetrobud JV then submitted a bid of Rs. 371.218 crores to secure L-1 position. If no issues arise, then they’ll go on to be awarded the contract in the next couple of weeks. Once Afcons Infrastructure completes building the station boxes at Sir Thiyagaraya College & Korukkupet, then they’ll hand over the sites to the IL&FS – PJSC Kyivmetrobud JV for constructing the stations’ structures and all other allied infrastructure.

For more updates, check out the Chennai section of the The Metro Rail Guy!

– TMRG

Share this post!
Share on FacebookTweet about this on TwitterDigg thisShare on LinkedInPin on PinterestShare on RedditShare on Google+Share on StumbleUponShare on TumblrEmail this to someonePrint this page

written by

Global traveler who prefers mass rapid transit

3 Responses to "IL&FS Emerges as Lowest Bidder for Chennai Metro’s 2 UG Stations"

  1. Jaidev Gupta says:

    Which country is PJSC Kyivmetrobud from?

    Reply
  2. Samarth Kerur says:

    Only Indian companies were succeeded to lead the tunnel projects with Indian manpowers specifically in India.
    A true Indian staff can understand the Indian minds & thoughts…

    Reply

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *