Vijayawada Metro Rail Project: Tenders Invited for 38.4 Km Phase 1 Construction
In Phase 1, metro construction will take place along two corridors covering a total of 38.4 km.
Corridor 1 : From Nehru Bus Stand to Gannavaram Bus Stand
: From Nehru Bus Stand to Gannavaram Bus Stand Corridor 2: From Bus Station to Penamaluru
As part of Corridor 1, a 4.7 km double-decker flyover will also be constructed. The project will include 32 metro stations and one underground metro station.
It is already known that tenders have also been invited for the Visakhapatnam Metro Rail Project.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
5 hours ago
- Mint
Upcoming IPO: Highway Infrastructure IPO opens on August 5, price band set at ₹65-70 apiece; check GMP
Highway Infrastructure IPO price band has been fixed in the range of ₹ 65 to ₹ 70 per equity share of the face value of ₹ 5. The Highway Infrastructure IPO date of subscription is scheduled for Tuesday, August 5 and will close on Thursday, August 7. The allocation to anchor investors for the Highway Infrastructure IPO is scheduled to take place on Monday, August 4. The Highway Infrastructure IPO lot size is 211 equity shares and in multiples of 211 equity shares thereafter. Highway Infrastructure IPO has reserved not more than 30% of the shares in the public issue for qualified institutional buyers (QIB), not less than 30% for non-institutional Institutional Investors (NII), and not less than 40% of the offer is reserved for retail investors. Tentatively, Highway Infrastructure IPO basis of allotment of shares will be finalised on Friday, August 8 and the company will initiate refunds on Monday, August 11 while the shares will be credited to the demat account of allottees on the same day following refund. Highway Infrastructure share price is likely to be listed on BSE and NSE on Tuesday, August 12. Highway Infrastructure IPO consists of a new equity share issuance amounting to ₹ 97.5 crore, alongside an offer-for-sale of 46.4 lakh shares from promoters Arun Kumar Jain and Anoop Agrawal. The company, engaged in infrastructure development and management, operates in toll collection, EPC infrastructure, and real estate sectors. It plans to allocate ₹ 65 crore from the fresh issue proceeds for working capital needs, with the remaining funds designated for general corporate purposes. Pantomath Capital Advisors Pvt Ltd serves as the lead manager for the Highway Infrastructure IPO, while Bigshare Services Pvt Ltd acts as the registrar for the offering. Highway Infrastructure Limited, established in 1995, is an Indian company focused on infrastructure development and management, particularly in toll collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The firm is adept at constructing and maintaining roads, highways, bridges, and residential developments. As of May 2025, Highway Infrastructure's combined orderbook was valued at ₹ 666.3 crore, which included ₹ 59.5 crore from the toll collection sector and ₹ 606.8 crore from the EPC infrastructure division. In the last fiscal year, the toll collection sector accounted for 77 percent of the company's revenue, while the EPC infrastructure division contributed 21 percent, with the remaining portion coming from the real estate sector. Highway Infrastructure achieved a profit of ₹ 22.4 crore in fiscal 2025, marking a 4.6 percent increase from the previous year, despite a decline in overall revenue, boosted by other income and operational performance. During the same time frame, revenue decreased by 13.6 percent to ₹ 495.7 crore. As per the red herring prospectus (RHP), the company's listed peers are Udayshivakumar Infra Ltd, IRB Infrastructure Developers Ltd (with a P/E of 44.38) and H.G. Infra Engineering Ltd (with a P/E of 14).
New Indian Express
8 hours ago
- New Indian Express
Tenders invited for Phase-1 Vijayawada metro rail project
VIJAYAWADA: The Andhra Pradesh Metro Rail Corporation Limited (APMRCL) has floated an international e-procurement tender for the construction of Phase-1 of the Vijayawada Metro Rail project. Marking a significant milestone in the city's long-awaited metro journey, the project covers a total of 38.40 km across two corridors. In a tender notice issued on Monday, APMRCL Managing Director NP Ramakrishna Reddy stated that the corporation is inviting open online tenders through international competitive bidding under the EPC (Engineering, Procurement, and Construction) model. The scope of work includes engineering, design, and construction of the metro viaduct, a 4.7-km double-decker flyover-cum-metro viaduct, one underground metro station, and 32 elevated stations. According to APMRCL, Corridor-1 will run from Pandit Nehru Bus Stand (PNBS) to Gannavaram Bus Stand along NH-16, covering major commercial zones. Corridor-2 will stretch from the Bus Station to Penamaluru, connecting residential clusters and eastern suburbs. The Vijayawada metro project aims to reduce traffic congestion, cut vehicular pollution, and provide fast, affordable urban transit to the growing population of the city. Spain-based TYPSA Consultancy has been appointed to oversee design, technical support, and project supervision. Corridor-1 will also feature a 4-lane flyover integrated with the metro structure, making it one of the first such urban infrastructure initiatives in the State. Interested contractors can download the tender documents and submit bids through the Andhra Pradesh Metro Rail Corporation Limited website ( or the State procurement portal ( The metro project is expected to usher in a new era of sustainable public transport in the Vijayawada metropolitan region.
Mint
8 hours ago
- Mint
Upcoming IPO: Highway Infrastructure IPO opens on August 5, price band set at ₹65-70 apiece; check GMP
Highway Infrastructure IPO price band has been fixed in the range of ₹ 65 to ₹ 70 per equity share of the face value of ₹ 5. The Highway Infrastructure IPO date of subscription is scheduled for Tuesday, August 5 and will close on Thursday, August 7. The allocation to anchor investors for the Highway Infrastructure IPO is scheduled to take place on Monday, August 4. The Highway Infrastructure IPO lot size is 211 equity shares and in multiples of 211 equity shares thereafter. Highway Infrastructure IPO has reserved not more than 30% of the shares in the public issue for qualified institutional buyers (QIB), not less than 30% for non-institutional Institutional Investors (NII), and not less than 40% of the offer is reserved for retail investors. Tentatively, Highway Infrastructure IPO basis of allotment of shares will be finalised on Friday, August 8 and the company will initiate refunds on Monday, August 11 while the shares will be credited to the demat account of allottees on the same day following refund. Highway Infrastructure share price is likely to be listed on BSE and NSE on Tuesday, August 12. Highway Infrastructure IPO consists of a new equity share issuance amounting to ₹ 97.5 crore, alongside an offer-for-sale of 46.4 lakh shares from promoters Arun Kumar Jain and Anoop Agrawal. The company, engaged in infrastructure development and management, operates in toll collection, EPC infrastructure, and real estate sectors. It plans to allocate ₹ 65 crore from the fresh issue proceeds for working capital needs, with the remaining funds designated for general corporate purposes. Pantomath Capital Advisors Pvt Ltd serves as the lead manager for the Highway Infrastructure IPO, while Bigshare Services Pvt Ltd acts as the registrar for the offering. Highway Infrastructure Limited, established in 1995, is an Indian company focused on infrastructure development and management, particularly in toll collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The firm is adept at constructing and maintaining roads, highways, bridges, and residential developments. As of May 2025, Highway Infrastructure's combined orderbook was valued at ₹ 666.3 crore, which included ₹ 59.5 crore from the toll collection sector and ₹ 606.8 crore from the EPC infrastructure division. In the last fiscal year, the toll collection sector accounted for 77 percent of the company's revenue, while the EPC infrastructure division contributed 21 percent, with the remaining portion coming from the real estate sector. Highway Infrastructure achieved a profit of ₹ 22.4 crore in fiscal 2025, marking a 4.6 percent increase from the previous year, despite a decline in overall revenue, boosted by other income and operational performance. During the same time frame, revenue decreased by 13.6 percent to ₹ 495.7 crore. As per the red herring prospectus (RHP), the company's listed peers are Udayshivakumar Infra Ltd, IRB Infrastructure Developers Ltd (with a P/E of 44.38) and H.G. Infra Engineering Ltd (with a P/E of 14). Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
