GMR Infrastructure speeding on Railways
Bangalore, 16th June, 2014:
A Consortium led by GMR Infrastructure Limited has won three construction packages of rail line doubling of Multi Modal Transport System (MMTS) – Phase II works on Secunderabad Division of South Central Railway in the State of Andhra Pradesh, India. Rail Vikas Nigam Limited has issued the Letter of Award to the GMR consortium on 11th June 2014.
The total contract is valued at approximately Rs. 389 Crore of which GMR’s share of work is about Rs. 207 Crore. The work includes Construction of Roadbed, Major & Minor bridges, Track Linking, Outdoor Signal &Telecom (S&T) Works, Over Head Electrification (OHE), Traction Sub Station (TSS) & General Electrical works for MMTS – Phase II on Secunderabad Division of South Central Railway in the State of Andhra Pradesh, India.
GMR is the Lead Member of the consortium with TATA Projects & Kalindee Rail Nirman Ltd. as the partner for OHE and Track works, S&T works respectively. The Project is scheduled to commence by middle of July 2014, with a completion period of 30 months.
Mr. B V N Rao, Business Chairman Urban Infrastructure and Highways expressed, “This is a testimony of our continuing interests in Railway projects, as we see a huge potential to upgrade the Railway Infrastructure in the country. This includes the Dedicated Freight corridor (DFC) and the upcoming high speed Railway projects, as recently announced by the Government”.
About GMR Infrastructure Limited:
GMR Infrastructure Ltd. is a Bangalore headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets. The Company has 15 power generation assets of which 8 are operational and 7 are under various stages of development. In the Highways sector the Group is operating 7 Road assets across the country. In the Airports sector, the Company operates India’s busiest airport, the Indira Gandhi International Airport in New Delhi, where it has built a brand new integrated terminal T3. It has also developed and commissioned the Greenfield international airport at Hyderabad as a gateway to south and central India. The Group has been recently awarded the Mactan-Cebu International Airport project in the Philippines for rehabilitation, expansion and operation with a concession period of 25 years. GMR Group is also committed to social development initiatives and executes these through its Corporate Social Responsibility arm, the GMR Varalakshmi Foundation which is present in 24 locations.
For further information about GMR Group, visit gmrgroup.in
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