HG Infra and Kalpataru win Thane Metro contract
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HG Infra Engineering and Kalpataru Infrastructure have secured a key civil works contract for the Thane Metro project. This joint venture includes construction of elevated structures, viaducts, and metro stations, enhancing connectivity in the Mumbai Metropolitan Region. The project aims to support infrastructure-led growth in Thane's real estate market.
The Thane Metro is expected to significantly reduce travel time and road congestion, aligning with the region's push for cleaner mobility options and urban development. This contract could positively impact both companies' stock performance as the project progresses.
Not investment advice. For informational purposes only.