The contract for this package was retendered by Chennai Metro Rail Limited (CMRL) after the initial round saw only one bidder, Larsen & Toubro (L&T), with a bid significantly higher than CMRL's estimate. Following the cancellation of the tender, bids were re-invited in December 2021 with an estimated value of Rs 1580 crore and a completion deadline of approximately 3.8 years.
In the new round, Tata Projects emerged as the lowest bidder with a bid of Rs 1445.98 crore, below CMRL's estimate. The contract includes the construction of underground stations at Kolathur, Villivakam Sub-urban Station, Srinivasa Nagar, Villivakam bus-terminus, and Nathamuni, along with other related works.
With Tata's bid coming in below CMRL's estimate, the contract is expected to be awarded in the coming weeks without a lengthy financial bid evaluation period. This will mark Tata's third civil contract in Phase 2 of Chennai Metro, showcasing their strong involvement in the city's metro expansion. To execute the project efficiently, Tata will deploy at least 4 tunnel boring machines (TBMs).
