Large metro project contract awarded in Kolkata

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Rail Vikas Nigam Limited (RVNL) has awarded a large metro project to Larson & Toubro (L&T) for the Design and Construction of an Underground Metro Project in connection with the Joka – Esplanade Metro Corridor in Kolkata, West Bengal, India.

The project encompasses the "Planning and Implementation of Ramp and Subterranean Metro Railway Infrastructure" over a distance of 5.05 km, extending from Mominpur (excluding) to Esplanade (including), encompassing the chainage points from 9063.00m to 14113.00m. This initiative includes the establishment of 4 subterranean stations, namely Khidderpore, Victoria, Park Street, and Esplanade. The project encompasses a range of activities including the construction of tunnels through the utilization of Tunnel Boring Machine and Cut & Cover methods, architectural finishing tasks, track installations, and more.

Referred to as the Purple Line, Line 3, spanning 15 km, will traverse both underground and above-ground sections, connecting Joka in the city's southern region to Esplanade in the northern part. The contract's exact value falls within the range of US$303 million to US$605 million.

List of the country updates

Country updates

  • August 03, 2023

    KKR acquired majority stake in Pallet Pooling Platform LEAP India

    Global Investment firm KKR has acquired a majority stake in Pallet Pooling Platform LEAP India.  Through this agreement, the investment funds under KKR's management are set to secure a controlli...

    Read more
  • July 05, 2023

    USD200 Million allocated for Urban Development Project in Rajasthan

    The Asian Development Bank (ADB) has granted an additional US$200 million in funding for the ongoing Rajasthan Secondary Towns Development Sector Project in India.  The project aims to improve w...

    Read more
  • June 15, 2023

    AIIB approved US$25 million for India's Lok Capital IV fund

    Asian Infrastructure Investment Bank (AIIB) has approved US$25 million as a commitment to the Lok Capital IV fund.   This investment marks AIIB's initial foray into impact-focused projects...

    Read more
  • June 14, 2023

    Vivriti Sought US$250 million for debut India ABS Private debt fund

    Vivriti Asset Management Pvt. has launched a new fund for investing in small and medium-sized companies. Vivriti Asset Management, based in Chennai, is raising US$250 million for its 'Vivriti India R...

    Read more
  • May 16, 2023

    Mumatpura flyover Construction completed in Ahmedabad

    Ahmedabad Urban Development Authority (AUDA) has announced the completion of the 853-m-long Mumatpura flyover in Ahmedabad, Gujarat.  After a section of the 853-m-long flyover on...

    Read more

Share this update