Bengaluru Railway: KRIDE Awards Rs 5 Bn Contract to NCC
10 Jan 2025
2 Min Read
CW Team
In a significant move for the Bengaluru Suburban Railway Project (BSRP), the Karnataka Rail Infrastructure Development Company (KRIDE) has awarded a Rs 5 billion contract to Nagarjuna Construction Company (NCC) for the construction of eight stations under Package C2A of Corridor 2. The contract stipulates that the work should be completed within 24 months.
Corridor 2, which connects Benniganahalli to Chikkabanavar over a distance of 25 km, includes a mix of 8.02 km of elevated track and 17.55 km of at-grade track. The corridor comprises 12 stations divided into two packages: C2A and C2B. Package C2A includes the construction of eight stations, covering civil, structural, and architectural works, alongside plumbing, facades, and electrical and mechanical (E&M) installations.
The stations included in this package are Benniganahalli (elevated interchange), Kasturi Nagar (at-grade), Seva Nagar (at-grade), Banaswadi (at-grade), Nagawara (elevated), Kanaka Nagar (elevated), Hebbal (at-grade), and Mathikere (elevated). The scope of the work involves constructing steel foot overbridges, roof structures, pre-engineered buildings (PEB), and detailed design and engineering (DDC) for allied works. The remaining four stations鈥擸eshwanthpur, Shettyahalli, Mydarahalli, and Chikkabanavara鈥攁re part of Package C2B, for which a separate tender process will follow.
Nagarjuna Construction Company emerged as the lowest bidder, surpassing Rail Vikas Nigam Limited (RVNL) and J. Kumar Infra Projects Ltd in the tender for Package C2A, which was issued on June 15, 2024. KRIDE completed the process by issuing the Letter of Acceptance (LoA) to NCC on December 31, 2024.
N. Manjula, Managing Director of K-RIDE, noted that there are 62 instances of encroachments along this corridor, primarily involving private buildings and other unauthorised structures on railway land, which have caused delays in the development process. The civil works contract for Corridor 2 was awarded to L&T Limited in August 2022.
Meanwhile, the Karnataka government has agreed to procure rolling stock for the BSRP through an equity share model with the central government, following the failure to secure a contract for rolling stock under the Public-Private Partnership (PPP) model.
In a significant move for the Bengaluru Suburban Railway Project (BSRP), the Karnataka Rail Infrastructure Development Company (KRIDE) has awarded a Rs 5 billion contract to Nagarjuna Construction Company (NCC) for the construction of eight stations under Package C2A of Corridor 2. The contract stipulates that the work should be completed within 24 months.Corridor 2, which connects Benniganahalli to Chikkabanavar over a distance of 25 km, includes a mix of 8.02 km of elevated track and 17.55 km of at-grade track. The corridor comprises 12 stations divided into two packages: C2A and C2B. Package C2A includes the construction of eight stations, covering civil, structural, and architectural works, alongside plumbing, facades, and electrical and mechanical (E&M) installations.The stations included in this package are Benniganahalli (elevated interchange), Kasturi Nagar (at-grade), Seva Nagar (at-grade), Banaswadi (at-grade), Nagawara (elevated), Kanaka Nagar (elevated), Hebbal (at-grade), and Mathikere (elevated). The scope of the work involves constructing steel foot overbridges, roof structures, pre-engineered buildings (PEB), and detailed design and engineering (DDC) for allied works. The remaining four stations鈥擸eshwanthpur, Shettyahalli, Mydarahalli, and Chikkabanavara鈥攁re part of Package C2B, for which a separate tender process will follow.Nagarjuna Construction Company emerged as the lowest bidder, surpassing Rail Vikas Nigam Limited (RVNL) and J. Kumar Infra Projects Ltd in the tender for Package C2A, which was issued on June 15, 2024. KRIDE completed the process by issuing the Letter of Acceptance (LoA) to NCC on December 31, 2024.N. Manjula, Managing Director of K-RIDE, noted that there are 62 instances of encroachments along this corridor, primarily involving private buildings and other unauthorised structures on railway land, which have caused delays in the development process. The civil works contract for Corridor 2 was awarded to L&T Limited in August 2022.Meanwhile, the Karnataka government has agreed to procure rolling stock for the BSRP through an equity share model with the central government, following the failure to secure a contract for rolling stock under the Public-Private Partnership (PPP) model.
Next Story
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..
Next Story
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..
Next Story
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 ..
