IL&FS Transportation Networks in a joint venture with PJSC Kyivmetrobud has bagged the Rs 371.22-crore Chennai Metro Rail Ltd (CMRL) contract for design validation and construction of underground stations. “The Letter of Acceptance issued by CMRL was accepted on January 9 by the company,” the company informed the stock exchanges. The 70:30 joint venture with PJSC Kyivmetrobud had submitted bids with the Chennai Metro Rail (CMRL) and it was declared the lowest bidder for the project, which is expected to be completed in 20 months.
FlashNews:
Air India, Lufthansa Group Ink Landmark MoU to Boost India‑Europe Connectivity
GMRIT Achieves Deemed University Status, Strengthens Academic Expansion
India Adds Record 52.5 GW Power Capacity in FY2025‑26, Driven by Renewables
REC to Drive AI‑Powered Energy Innovation at India AI Impact Summit 2026
Inox Clean Energy, RJ Corp Enter Africa’s IPP Market, Target 2.5 GW by FY2029
Best Pills for Erection: Myths, Facts, and Smart Choices
Best Pills for Erection: Audience‑Specific Guidance with Safety Disclaimers
DIAL Launches Family@DEL: First Family‑Centric Travel Initiative at an Indian Airport
India’s SDHI Lands Landmark Oman Defence Ship Deal
Air India Unveils First Line‑Fit Boeing 787‑9, Signals Bold Global Transformation in 2026
Vizhinjam Expansion Strengthens India’s Maritime Competitiveness: Sonowal
Tata Power Odisha Discoms Secure Top National Rankings for Third Consecutive Year
SDHI Secures $227 Million Chemical Tanker Deal, Revives India’s Commercial Shipbuilding
India’s Energy Transition Sets Global Pace: Pralhad Joshi at Davos
IWDC Clears ₹15 Billion Projects to Boost Green Mobility, Cargo and River Tourism
World Bank Approves $815 Million Financing for Tata Power-DGPC Dorjilung Hydropower Project in Bhutan
Indian Railways Deploys Humanoid Robot ASC ARJUN at Visakhapatnam for Smart Station Security
India’s Power Grid Crosses 500,000 Circuit Km, Marks 71.6% Growth Since 2014
India Inc Optimistic on Growth, Flags Infrastructure, Defence and Export Priorities: FICCI Survey
Home » IL&FS venture bags Chennai Metro deal
IL&FS venture bags Chennai Metro deal
Railways & Metro Rail
January 13, 2017January 13, 2017
Leave a Reply
You must be logged in to post a comment.