Intelligence Summary
Event
Contract Award
Project
Mumbai Metro Line 3 (Aqua Line)
Value
Rs 37,276 Cr
Status
Contract formally awarded to Larsen & Toubro
The Mumbai Metropolitan Region Development Authority (MMRDA) has formally issued the Letter of Award for Package UGC-01 of Mumbai Metro Line 3 to Larsen & Toubro. The package covers underground civil works between Colaba and Cuffe Parade. MMRDA said the award follows completion of technical qualification and financial bid evaluation stages.
Capital Deployment Strategy
The contract award moves Package UGC-01 from procurement into execution and identifies the contractor responsible for the underground works.
Status Transition
Previous state
Tender under financial evaluation
Current
Contract formally awarded to Larsen & Toubro
Next phase
Package UGC-01 moves from procurement into execution.
Why It Matters
Verified intelligence
The contract award moves Package UGC-01 from procurement into execution and identifies the contractor responsible for the underground works.
Project impact
Package UGC-01 moves from procurement into execution.