Pune Metro: Tata-Gulermak Joint Venture Bags Tunneling Projects Worth Rs 2,283 Crore
Gulermak-Tata Projects Limited, a joint venture between Tata and Turkish company Gulermak, has bagged the tunneling projects for the underground section of the North-South Corridor of Pune Metro Rail Project, reports Financial Express.
According to the report, Maharashtra Metro Rail Corportation Limited (MMRCL) executive director (ED) Atul Gadgil said that the joint venture has got the contracts for both the packages worth Rs 2,283 crore. Package I of 2.5 km would be worth Rs 1,127 crore, while Package II of 2.5 km would cost Rs 1,156 crore.
The 5.019-km stretch of the 16.56-km long Corridor-I PCMC-Swargate Pune metro line is reportedly one of the most challenging parts as it passes through a densely populated parts of Kasba Peth, Budhwar Peth and Mandai market.
Gadgil said that some of the people staying on private lands in this area will be required to be relocated. A rehabilitation and resettlement plan under which the affected people will be shifted within the same locality by constructing homes around their existing houses and shops.
He said 382 houses and over 100 shops would be constructed at Bhai Kotwal mandai, Dadoji Konddev school, Kadambari building, Pune District Central Cooperative Bank and Zanshichi Rani Kanyashala, reports Times of India.