3 bidders for extension work of Delhi Metro Magenta Line

24 Nov 2022 CW Team

Three civil construction companies submitted bids last week for the 3.5 km Package DC-01A (Vikaspuri Ramp 鈥� Mangolpuri) of the 28.92 km Janakpuri West 鈥� RK Ashram extension of the Delhi Metro Magenta Line.

The elevated section has four stations of 12.375 km Package DC-01 of the Delhi Metro Phase 4 project, which connects Vikaspuri Ramp and Haiderpur-Badli Mor Station via ten stations.

China Civil Engineering Construction Corporation 鈥� KEC International (CCECC 鈥� KEC) JV received the construction contract from Delhi Metro Rail Corporation (DMRC) in November 2019 with a 30-month completion deadline.

Following discussions between CCECC 鈥� KEC and DMRC, this portion was removed from the purview of DC-01. In September, the DMRC floated a construction bid with a 24-month timetable and an estimated cost of Rs. 3.98 billion.

The bidders include HG Infra Engineering, KEC International, and Sam India Builtwell.

Also Read

BKT鈥檚 world-class mining masterpieces at IMME

Vedanta conducts masterclass to boost productivity of extrusion industry.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..