Anil Ambani`s RInfra awarded Mumbai Metro-II project
Anil Dhirubhai Ambani Group company Reliance Infrastructure on Tuesday said it has been awarded the Rs 11,000-crore Mumbai Metro-II project on a BOT basis.
Mumbai: Anil Dhirubhai Ambani Group company
Reliance Infrastructure on Tuesday said it has been awarded the Rs
11,000-crore Mumbai Metro-II project on a BOT basis.
The project is for a concession period of 35 years with
an extension clause of another 10 years, the company said
in a statement.
"We are happy to win Mumbai Metro-II, which is the third
project that Reliance Infrastructure has won in a row. We are
confident of developing this project within 5 years from the
date of financial closure," Reliance Infrastructure CEO and
Whole-time Director Lalit Jalan said.
The company had earlier been awarded Mumbai Metro-I
(Versova-Andheri-Gatkopar corridor) and Delhi Airport Express
Scheduled to be operational by 2015, Mumbai Metro II
would provide a link between Navi Mumbai and the western
suburbs, connecting Charkop in the north to Bandra and to
Mankhurd in the east.
The length of the project is 32 kilometres and it would
have 27 stations en-route.
The project has been awarded by Mumbai Metropolitan
Region Development Authority (MMRDA) through an international
competitive bidding process.
Reliance Infrastructure has won the project in consortium
with SNC Lavolin Inc, Canada, and Reliance Communication.