India, Aug. 13 -- The Gurugram Metro Rail Limited (GMRL) has finalised negotiations to award the civil construction contract for the first phase of the Gurugram Metro project to a joint venture of Dilip Buildcon and Ranjit Buildcon for Rs.1,277 crore plus GST, a senior GMRL official said on Tuesday. The letter of allotment is expected to be issued within the next two days.

A senior GMRL official aware of the matter said the decision followed two days of negotiations in Chandigarh under the chairmanship of GMRL managing director Dr Chander Shekhar Khare, along with officials from the state government and the bidding company. "The contract has been finalised and a letter of allotment will be issued in a day or two. We have asked the compan...