J. Kumar Infraprojects Secures Key Mumbai Metro Project 🏗️

Big news from the infrastructure world! J. Kumar Infraprojects Limited (JKIL) has just announced a major win that’s set to bolster its project pipeline and contribute significantly to Mumbai’s urban development.

The company has received a Letter of Acceptance for a crucial project: the construction of Foot Over Bridges for Mumbai Metro Line 4 and 4A. These bridges will be strategically located at Pant Nagar, Vikhroli, Bhandup, and Vijay Garden Metro Station Package 2.

Who’s the client? None other than the Mumbai Metropolitan Region Development Authority (MMRDA), a key player in the city’s infrastructure growth. This is a domestic project, highlighting JKIL’s continued focus on India’s burgeoning infrastructure needs.

The total contract value for this project stands at a substantial ₹129.04 Crore (excluding GST). Here’s the exciting part for JKIL: the company’s share in this joint venture (J. KUMAR-PRS (JV)) is a solid 60%, translating to a hefty ₹77.42 Crore.

This isn’t just a big win in terms of value; it’s also a time-bound commitment. The project is expected to be completed within 15 months, showcasing the pace at which critical urban infrastructure is being developed. This new order further strengthens JKIL’s position in the competitive infrastructure sector and underscores its expertise in executing complex metro-related projects. It’s a clear sign of the company’s ongoing contribution to enhancing connectivity and public convenience in one of India’s busiest cities. 🏙️

source: Corporate Announcement

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