Italian construction company Astaldi enters the Indian market. The company announced that it has received the letter of awarding, in a joint venture with Reliance Infrastructure (RInfra), from Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of three lots of the Mumbai Metro Rail Project.
The total value of the works, to be carried out with the EPC formula, amounts to EUR 168 million (equal to Rs 1,350 crore) in which Astaldi’s share is EUR 84 million.
The awarded works pertain to the design and development of approximately 20 kilometres of railway viaduct and 18 stations, all in elevation, as part of the project linking the Wadala district (in the centre of the city of Mumbai) with the Thane district. The works are subdivided into three lots: Wadala-Chembur section (Package 8, 6.4 kilometres of viaduct, 6 stations and two interconnections; Gandhinagar Junction-Bhandup Sonapur section (Package 10, 6.7 kilometres of viaduct, 6 stations; Kapurbawdi-Kasarvadavali (Thane) section (Package 12, 6.8 kilometres of viaduct, 6 stations).
The works are planned to have a 30-month duration, with start-up following the signing of the contract, which is expected in the short term.