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GMR Infrastructure consortium bags railway project in AP

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Capital Market
Last Updated : Jun 17 2014 | 12:02 AM IST

GMR's share of contact value is Rs 207 crore

GMR Infrastructure announced that a consortium led by the Company has won three construction packages of rail line doubling of Multi Modal Transport System (MMTS) - Phase II works on Secunderabad Division of South Central Railway in the State of Andhra Pradesh, India. Rail Vikas Nigam has issued a Letter of Award to the GMR consortium on 11 June 2014.

The total contract value is approximately Rs 389 crore of which GMR's share of work is Rs 207 crore. The project is scheduled to commence by middle of July 2014, with a completion period of 30 months.

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First Published: Jun 16 2014 | 10:04 AM IST

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