Capacit’e Infraprojects Ltd has received a Letter of Acceptance (LOA) worth ₹368.98 crore, excluding GST, from Chennai Metro Rail Ltd for construction works near Thirumangalam metro station.
The order covers construction of buildings along the metro viaduct on open land parcels near the station. The contract strengthens Capacit’e Infraprojects’ presence in the public sector infrastructure segment and adds to its exposure to Chennai’s expanding urban transport infrastructure.
Project scope
The project involves construction of buildings in open land parcels located along the viaduct. Capacit’e Infraprojects will execute the project across multiple construction and building-services components.
The scope includes civil and architectural works along with plumbing, E&M, VAC and lift installations, covering the associated works required for the development.
The ₹368.98 crore order value is exclusive of GST.
Strengthening public sector presence
Capacit’e Infraprojects Managing Director Rahul Katyal said the company was proud to be associated with Chennai Metro Rail Ltd and described the project as a significant milestone in its journey.
He said the order further strengthens the company’s presence in the public sector space and reflects confidence in its execution capabilities for complex infrastructure projects.
The company said it remains focused on delivering infrastructure projects with emphasis on quality, safety and efficiency, while contributing to India’s urban transport development.
Chennai Metro drives infrastructure opportunity
The order comes as Chennai continues to expand its metro rail network and associated urban infrastructure. Beyond the construction of viaducts and stations, the metro network is creating opportunities for development of buildings and supporting infrastructure around operational and upcoming stations.
For Capacit’e Infraprojects, the Chennai Metro order provides exposure to this wider infrastructure opportunity while strengthening its credentials in large public-sector projects.