21 Nov 2025 | 3 Mins Read

JV clinches ₹1,415 crore Thane Metro contract

Flipitmoney

HG Infra Engineering Ltd and Kalpataru Projects International Ltd have been declared L1 bidders for the Thane metro infrastructure project, with a 40:60 joint venture share. The ₹1,424 crore project involves designing and constructing a 20.527 km elevated metro viaduct and will be executed in 36 months with an EPC contract in ₹1,415 crore.