BMRCL picks contractor for building airport metro depot
Bangalore Metro Rail Corporation Limited (BMRCL) has selected the contractor for constructing a depot for the crucial airport line.
J Kumar Infraprojects Ltd, a Mumbai-based civil engineering firm, said in a filing to the Bombay Stock Exchange (BSE) on March 20 that its joint venture with AICPL had received a letter of acceptance from the BMRCL for the construction of the airport depot.
The total contract cost is Rs 182.33 crore, excluding GST. Of this, J Kumar Infraprojects Limited’s share is 55 per cent, which works out to approximately Rs 100 crore, excluding GST, as per the filing.
