A three way partnership of Hindustan Building Firm (HCC) and Tata Initiatives has received a $259m (21.9 billion rupees) contract to construct a piece of a brand new metro system for the town of Indore, within the Indian state of Madhya Pradesh.
HCC mentioned it holds a 55% share within the three way partnership, equal to round $142.6m (12.05 billion rupees).
The Madhya Pradesh Metro Rail Company is growing its 32km Yellow Line with 28 stations for the town of round 2 million individuals.
A lot of the line shall be elevated.
The Rail Company employed HCC and Tata to construct the road’s solely underground part, an 8.65km route with seven stops between Indore’s worldwide airport and the town’s primary rail station.
The JV will tunnel 11.32km in all, together with legs past the airport and past the rail station.
Elsewhere, HCC is engaged in constructing 4km of dual tunnels and 4 stations for Mumbai Metro’s Line III, in addition to two Chennai Metro packages.
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