ITD Cementation bags Rs.546 crore Work Order from Delhi Metro

New Delhi: ITD Cementation India today said it has got a Rs 546 crore order, along with its Thailand-based parent firm, from Delhi Metro Rail Corporation (DMRC) for the construction of a 9,035 metre long elevated metro track.

The order would be executed through a joint venture in which Italian-Thai Development Public Company, Thailand, will have 51 per cent stake and the remaining with ITD Cementation India, company’s Chief Financial Officer S Ramnath said.

“The project includes construction of a 9,035 metres long elevated metro track along with eight elevated stations,” he said, adding the scope of the work includes architectural finishing, water supply, sanitary installation and drainage works.

“The project is scheduled for completion in 30 months,” Ramnath said.

The joint venture has recently completed a Rs 189 crore contract for DMRC for the construction of structural work of five stations on the Qutub Minar – Gurgaon corridor of the Delhi MRTS project.

“The JV has also completed a Rs 893 crore contract for DMRC for the construction of a 8,326 meter long twin bored underground metro tunnel,” he said.


Comments are closed.