JK Infra JV wins Rs 5,012 cr contract from Mumbai Metro

Infrastructure company J Kumar Infraprojects Ltd today said its joint venture (JV) has won a contract worth about Rs 5,012 crore from Mumbai Metro Rail Corporation Ltd (MMRCL) for Metro Line 3 project.
J Kumar Infra-CRTG JV has received work order/letter of acceptance from Mumbai Metro Rail Corporation Ltd for (approx) Rs 5,012 crore contract of Mumbai Metro Line 3, the company said in a filing to the BSE.
The contract includes design and construction of underground sections including four underground stations at Dharavi, BKC, Vidhyanagri and Santacruz and associated tunnels worth Rs 2,858 crore.
It also includes design and construction of underground sections including CSIA (domestic airport), Sahar Road and CSIA (international airport) and associated bored tunnels worth Rs 2,153 crore.

The shares of the company closed at Rs 242.45 apiece on the BSE, up 8.67 per cent from the previous close.