Chennai Metro Rail awards contract worth ₹1,134-cr to Rail Vikas Nigam Ltd

BL Chennai Bureau Updated - April 27, 2023 at 07:08 PM.
A view of Chennai Metro Rail work between Madhavaram and Retteri Phase-2 Corridor-5 EV-03. (Photo: Velankanni Raj/THE HINDU)

Chennai Metro Rail Ltd on Thursday signed a contract agreement worth ₹1,134 crore with Rail Vikas Nigam Ltd for the construction of an elevated viaduct for CMRL Phase-II.

The contract is part of Asian Development Bank funding for Phase-II under the loan agreement.

This is the last elevated corridor tender awarded for CMRL Phase-II, said a press release.

The contract involves the construction of an elevated viaduct (about 10 km) — nine elevated metro stations at Sholinganallur Lake-I, Sri Ponniamman Temple (Sholinganallur Lake-II), Sathyabama University (Semmeancheri-I), Semmeancheri-II, Gandhi Nagar, Navallur, Siruseri, Siruseri SIPCOT-1 and Siruseri SIPCOT-2 and a stabling viaduct at Sipcot CMRL.

The contract agreement was signed by T Archunan, Director (Projects), on behalf of CMRL, and Chaudhary Rajneesh Kumar Singh, Sr.DGM/Electrical/BD, on behalf of RVNL, the press release said.

Published on April 27, 2023 13:15

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.