Italian construction company Astaldi in a joint venture with Reliance Infrastructure has won an EPC order from the Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of three lots of the Mumbai Metro Rail Project (North-South Metro Line 4, Wadala-Kasarwadavali section) in India.
The total value of the works is €168m (INR13.5bn) in which Astaldi will have a share of €84m.
With this project, the Italian company will enter the Indian market, which offers major development opportunities for the infrastructure sector, and strengthens its de-risking policy.
According to the strategy, Astaldi is entering the Indian market in partnership with Reliance Infrastructure, with which the Italian company is also assessing additional opportunities at the local level in the transport infrastructure sector.
The Mumbai Metro Rail Project works pertain to the design and development of approximately 20 km of railway viaduct and 18 stations, all in elevation, as part of the project linking Wadala district in the centre of the city of Mumbai with Thane district.
The works are subdivided into three lots: Wadala-Chembur section (Package 8, 6.4km of viaduct, six stations and two interconnections; Gandhinagar Junction-Bhandup Sonapur section (Package 10, 6.7km of viaduct, six stations; and Kapurbawdi-Kasarvadavali (Thane) section (Package 12, 6.8km of viaduct, six stations).
The new railway corridor is expected to facilitate the north-south link of the city of Mumbai, which will strengthen transport capacity connecting suburban areas and fostering the development of neighbourhoods currently distant from the city centre.
The contract is expected to be signed shortly. Work is planned to be executed over a period of 30 months. The works will be financed with state funds.
Metro Line 4 from Wadala to Kasarvadavali is a 32.32km elevated corridor with 32 stations.
This line will provide interconnectivity among the existing Eastern Express Roadway, Central Railway, Mono Rail, the ongoing Metro Line 2B (DN Nagar to Mandale), and the proposed Metro Line 5 (Thane to Kalyan), Metro Line 6 (Swami Samarth Nagar to Vikhroli) and Metro Line 8 (Wadala to General Post Office).