India, Feb. 19 -- The revised value of the contracts being executed by Milan Road Buildtech-the subcontractor involved in the Metro 4 slab collapse incident that led to the death of one person-to construct 19.91 km of the 32.32 km corridor is around 75% higher than the original bid submitted in 2018 by the Reliance Infrastructure-Astaldi SPA joint venture.
In November 2017, the Mumbai Metropolitan Region Development Authority (MMRDA) had invited bids for the Metro 4 (Wadala-Ghatkopar-Thane-Kasarvadavali) corridor at an estimated cost of Rs.14,549 crore. Excluding the car depot, the alignment was divided into five packages or civil contracts.
In April 2018, the Reliance Infrastructure-Astaldi SPA joint venture bagged three of these contr...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.