The contract is for design and construction of tunnel by Shield TBM and Lal Qila & Kashmere Gate Stations
Era Infra Engineering Ltd has been awarded a contract with an estimated cost of Rs559.90 crore by Delhi Metro Rail Corporation Ltd (DMRC) for design and construction of tunnel by Shield TBM and Lal Qila & Kashmere Gate Stations by cut and cover method between Jama Masjid and Kashmere Gate for underground works under the Delhi MRTS project of Phase-III in joint venture with Metrostroy.
In the late afternoon, Era Infra was trading at around Rs137 per share on the Bombay Stock Exchange, 1.54% down from the previous close.
The project is on toll basis with a concession period of 24 years
IL&FS Transportation Networks Ltd had submitted its Bid with the National Highways Authority of India (NHAI) for construction of new bridges/structures, repair of existing four lane highway from Kharagpur to Baleshwar section of NH-60 from km 0.0 to km 119.3 in Orissa and West Bengal and its operation and maintenance under NHDP Phase I to be executed as BOT (Toll) on DBFOT pattern. The project is on toll basis with a concession period of 24 years including construction period of 2.5 years and the estimated cost of the project is Rs471.05 crore. The bids were opened by NHAI and the company has emerged as the lowest bidder for the aforesaid project.
Tantia has also received an order from the Ministry of Physical Planning and Works, Government of Nepal
Tantia Constructions has received a project from Municipal Corporation of Delhi for remodeling and covering of Subhash Nagar Drain starting from Najafgarh Road to Najafgarh Drain for worth Rs69.85 lakh.
The company has also received an order from the Ministry of Physical Planning and Works, Government of Nepal for execution of various water supply & sanitation projects in Nepal in the name of Tantia-Tundi (JV) worth Rs46.87 lakh.
In the late afternoon, Tantia was trading at around Rs43 per share on the Bombay Stock Exchange, 0.94% up from the previous close.