No Comments

Chennai Metro signs a contract worth ₹1,205 crore with Tata Projects

Tata Projects Ltd. and Chennai Metro Rail Ltd. signed a contract on Tuesday. Tata Projects Ltd. has received a letter of acceptance (LOA) worth $1,205 crore (including the provisional amount and GST). The contract is a component of Phase-II funding from JICA.

According to a press release, the project’s scope includes building four underground stations at Otteri, Pattalam, Perambur Barracks Road, and Kellys, as well as undertaking work on two further underground stations at Ayanavaram and Purasaiwakkam High Road-Cum-Crossover Box along corridor-3 of Phase-II.

Three corridors are included in Chennai Metro Project Phase II. Light House to Poonamallee, Madhavaram to Sholinganallur, and Madhavaram to SIPCOT are the three corridors. The total cost of the project, which is expected to reach a distance of 118.1 kilometres, is roughly Rs 61,843 crore.

On the city’s eastern outskirts, Corridor-3 would link important urban centres like Chetpet, Nungambakkam, Mylapore, and Adyar with suburban communities like Madhavaram Milk Colony and Old Mahabalipuram Road.

According to CMRL managing director MA Siddique, the Phase I expansion will be carried out in phases and should be finished between 2026 and 2028. With the help of this expansive project, Chennai’s public transit system will be improved, making it easier for locals to commute and lessening traffic in the area.

You might also like
Tags: , ,

More Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed