Ircon International-Jakson JV has emerged as the lowest bidder (L1) for power supply and electrical & mechanical (E&M) works for Mumbai Metro Line-4 and extension corridor 4A.
The JV was declared L1 with a bid value of Rs 1,526 crore for the Wadala-Kasarvadavali-Gaimukh section of Mumbai Metro Rail Project of MMRDA.
The work involves design, manufacture, supply, installation, integration, testing and commissioning of power supply and traction, electrical & mechanical and lifts and escalators including 15 years of comprehensive maintenance after two years of defect liability period (DLP).