Larsen & Toubro bags ₹963 crore civil contract for Chennai Metro Phase 2

Chennai, India (Metro Rail Today): The Chennai Metro Rail Limited (CMRL) issued a letter of acceptance (LoA) worth Rs 963 crores to Larsen & Toubro Limited (L&T) after negotiations for the construction of a 10 km elevated viaduct including 10 metro stations between Nehru Nagar and Sholinganallur on Corridor 3 of Chennai Metro Rail Project, Phase 2.

The scope of work includes the design and construction of an elevated viaduct (approximate length-10 km) including an elevated ramp and ten (10) elevated metro stations at Nehru Nagar, Kandanchavadi Perungudi, Thoraipakkam, Mettukuppam, PTC Colony, Okkiyampet, Karapakkam, Okkiyam Thoraipakkam and Shalinganagallur for Corridor 3 of Chennai Metro Rail Project, Phase 2.

The tender notice for this contract package (CP08/EV-01/RT01/2021) was invited in December 2021 with a 36-month work completion deadline. Technical bids were opened in February 2022 and financial bids were opened on April 12, 2022. A total of six bidders had participated in this contract package. L&T emerged as the lowest bidder after the opening of financial bids.

The original financial position of each bidder was as under:-

• Larsen & Toubro Ltd (L&T): Rs 1,143.52 crores (L1)
• GR Infraprojects Ltd: Rs 1,211.59 crores (L2)
• JMC Projects India Ltd: Rs 1,252.47 crores (L3)
• NCC Limited: Rs 1,285.60 crores (L4)
• HCC – KEC International JV: Rs 1,288.54 crores (L5)
• DRA Infracon Pvt. Ltd.: Rs 1,592.08 crores (L6)

This contract package will be funded by Japan International Cooperation Agency (JICA). This is part of 45.813 km (19.09 km elevated & 26.72 km underground) long Corridor 3 of Chennai Metro which will connect Madhavaram to SIPCOT 2 with 49 stations.