Anil Ambani`s RInfra awarded Mumbai Metro-II project
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Last Updated: Tuesday, August 04, 2009, 20:21
  
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 Line.

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.

Bureau Report


First Published: Tuesday, August 04, 2009, 20:21


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