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RVNL-URC Construction JV Emerges L1 Bidder for 543 Cr. Indore Metro Project

Rail Vikas Nigam Ltd. (RVNL) and URC Construction Pvt. Ltd. Joint Venture (JV) have emerged as the Lowest (L1) bidder for construction of Package IN-04 of Indore Metro Phase-1 project. The JV had bid Rs. 543 crore for this project against Madhya Pradesh Metro Rail Corporation Ltd.’s (MPMRCL) estimate of Rs. 495.32 crore.

The RVNL-URC Construction JV will design and construct five elevated metro stations, namely Shaheed Bagh, Khajrana Chauraha, Bengali Chauraha, Patrakar Colony and Palasia Chauraha under IN-04 package. This section is approximately 5.2 Km in length.

MPMRCL had invited bids for this package in March 2023 with an estimated completion period of 3 years.