Afcons Infrastructure announced that it was declared as the lowest bidder for construction Package BH-05 of Bhopal Metro Phase 1 project's 12.915 km Blue Line (Line-2) which will connect Bhadbhada Chauraha - Ratnagiri Tiraha via 13 elevated stations. Afcons' bid of Rs. 1006.74 crore was declared the lowest - L1.
This package by Madhya Pradesh Metro Rail Corporation (MPMRCL) includes the construction of the entire Blue Line's viaduct, 13 stations, and a ramp leading to Subhash Nagar Depot which will be shared with Orange Line (Karond Circle - AIIMS) for maintaining and stabling.
MPMRCL had invited bids for the Blue Line's construction, financed by the European Investment Bank (EIB) through a 400 million loan. The contract comes with a 3 year construction deadline
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
 "SEBI")
 "industry, ibc, pli, bankruptcy")
 "Q2")
 "ABB India")
 "Securitisation market booms as shadow banks diversify funding sources money investment coins")
