ITD Cementation India Ltd. emerged as the lowest bidder for completing balance civil work of Airport line (line 6) of Kolkata Metro that will connect Kavi Subhash New Garia to Netaji Subhash Chandra Bose International Airport.
Rail Vikas Nigam Limited (RVNL) last week opened financial bids of all three bidders and the financial bid positions of bidders are as under:-
- ITD Cementation India Limited: Rs 292.63 Crore (L1)
- Afcons Infrastructure Limited: Rs 305.31 Crore (L2)
- SP Singla Constructions Private Limited: Rs 434.56 Crore (L3)
The contract for 7 stations, viz. Titumir, Cub CBD-2, Convention Centre, New Town, Kalkhetra, CBD-1 and Sub-CBD-1 valued at roughly Rs. 300 of Airport Line of Kolkata Metro was originally awarded to IL&FS Engineering in March 2014 with a 3-year deadline.
Rail Vikas Nigam Ltd. terminated ILFS’ contract in December 2018 due to slow progress and encashed their bank guarantee of Rs. 43 crore. In 2019, RVNL invited fresh bids for completing pending works with an unconfirmed estimate of Rs. 239.32 crore.