ITD Cementation India’s joint venture bags major Jaipur metro project

Construction News

ITD Cementation India has announced that the company in Joint Venture with its promoter, Italian-Thai Development Public Company Ltd, Thailand one of the leading contracting organizations in South East Asia, has been awarded a contract worth over Rs 228 crore by Delhi Metro Rail Corporation (DMRC) for construction of elevated road & metro viaduct for stage I of Jaipur metro and Ajmer road BRTS corridor.

This is the third contract awarded to ITD – ITD Cem joint venture by DMRC. The joint venture has recently completed a Rs 290 crore contract for construction of an elevated corridor on the Qutub Minar – Gurgaon Corridor, including viaduct and structural work of five elevated stations and another contract for Rs 897 crore for a 4165 m long twin bored underground metro tunnel construction with advanced tunnel boring machine including 3 underground stations on Central Secretariat – Badarpur Corridor for the Delhi MRTS.

The Joint Venture benefits from Italian-Thai Development Public Company Limited’s experience in implementation of major MRTS projects in Thailand and Taiwan, combined with ITD Cementation India Ltds experience in various phases of the Delhi MRTS.

The company made this announcement on 13 December 2010.

Source: http://www.indiainfoline.com/Markets/News/ITD-Cementation-Indias-joint-venture-bags-major-Jaipur-metro-project/3442403503

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