ADAG bags contract for Mumbai Metro Phase-I
Work on the 11 km-long corridor will begin in June and is scheduled to be completed within three years.india Updated: May 18, 2006 15:43 IST
Reliance Energy Ltd,a consortium led by the Anil Dhirubhai Ambani Group,and Mumbai Metropolitan Region Development Authority bagged the contract for the Rs 2,356 crore Phase-I of the ambitious Mumbai Metro Rail project.
The work on the 11 kilometreVersova-Andheri-Ghatkopar corridor, which comes under Phase-I, will start by June and the foundation stone will be laid by Prime Minister Manmohan Singh, Maharashtra Chief Minister Vilasrao Deshmukh said.
The first corridor will be completed within three years by a special purpose vehicle (SPV) formed by Mumbai Metro-I consortium.
The other corridors in the first phase include 38 km Colaba-Mahim-Charkop route and 14 km Bandra-Kurla-Mankhurd route, the Chief Minister said.