BackIL&FS wins `300-crore Kolkata Metro project
IL&FS has been awarded a contract for construction of elevated stations of Kolkata Metro Line
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New Delhi: Infrastructure firm IL&FS Engineering and Construction on Wednesday said it has won a ₹ 300- crore contract for elevated metro stations of Kolkata Metro Line in West Bengal.
“IL&FS Engineering and Construction company has been awarded a contract by RVNL (Rail Vikas Nigam Ltd), Kolkata for a value of ₹ 299.76 crore towards construction of seven elevated metro stations from sub CBD-1 to Titumir in New Garia-Airport Metro Corridor of Kolkata Metro Line in state of West Bengal," the company said in a BSE filing. The project has to be completed in three years from the date of issue of letter of acceptance.
The company is already executing two railway contracts for RVNL worth more than ₹ 500 crore—one involving construction of a new broad gauge railway line in Kadapa and Nellore districts of Andhra Pradesh.
It said it is executing the other project in Maharashtra which involves doubling of Bhigwan-Mohol section part of Daund-Gulbarga doubling in Solapur district. The company is also executing Rapid Metro Project, phase II in Gurgaon involving construction of 6.7 km of elevated viaduct and five elevated stations of around ₹ 350 crore value.
Earlier the company has executed Rapid Metro’s phase I contract worth ₹ 259 crore that involved construction of single and double track elevated viaduct, including six station buildings.
Shares of the company closed at ₹ 39.80 apiece, up 5.99% from the previous close on the BSE on Wednesday.
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