UPMRC awards ₹1,383 cr contract to Afcons for Lucknow Metro
pre-market1 source ↓machine-written, see hownot a recommendation
- contract
- ₹1,383.30 cr
- of Lucknow Metro
- 6.70-km underground section
- Project length
- 6.70 km
- Stations included
- 7 underground stations
The Uttar Pradesh Metro Rail Corporation (UPMRC) has selected Afcons Infrastructure Limited as the lowest bidder for a ₹1,383.30 cr contract. This project involves a 6.70-km underground section of Lucknow Metro Phase 1B, which includes seven underground stations and related civil works.
This contract is significant for the infrastructure sector, potentially boosting investor sentiment and activity in related companies.
• Contract value: ₹1,383.30 cr
• Project length: 6.70 km
• Stations included: 7 underground stations
Immediate market implications may arise as construction progresses.
Not investment advice. For informational purposes only.