Blue Star Limited on Tuesday has announced that the Company has secured two new prestigious orders from Bangalore Metro Rail Corporation Limited (BMRCL) for the upcoming Reach-6 of Bangalore Metro Rail Project Phase-II, also known as the Pink Line that spans a distance of about 21 km, and connects Kalena Agrahara (formerly Gottigere) to Nagawara. 18 metro stations are planned on this line.
With a rich heritage of over 78 years, and proven project management capabilities, Blue Star is a leading MEP service provider today with many a landmark achievement to its credit in this area. The Company is renowned for its superior project deliver and is reputed for delivering projects ahead of schedule.
The details of the new orders won are as follows:
The first order, valued at Rs203 crore, is a turnkey project including maintenance works for Tunnel Ventilation System (TVS) and Environmental Control System (ECS), as well as SCADA works for six underground stations and associated tunnel sections in Reach-6 of Bangalore Metro Rail Project Phase-II. The six underground stations include Vellara Junction, M G Road, Shivaji Nagar, Cantonment, Pottery Town, and Tannery Road.
The second order, valued at Rs187 crore, is also a turnkey project for Electrical & Mechanical (E&M) works including hydraulics, fire safety systems, and backup power systems for five underground stations, associated tunnel sections, and five elevated stations in Reach-6 of Bangalore Metro Rail Project Phase-II.
The five underground stations include Vellara Junction, M G Road, Shivaji Nagar, Cantonment, and Pottery Town; and the five elevated stations namely Swagath Road, J P Nagar 4th Phase, IIMB, Hulimavu, and Kalena Agrahara.
B Thiagarajan, Managing Director, Blue Star Limited, adds, “Backed by our forte in executing projects for the Metro Rail sector, this is another significant win for us. We have, in the past, successfully executed several prestigious metro rail projects including Mumbai, Delhi, and Bangalore metro projects.
At around 1:24 PM, Blue Star Ltd is currently trading at Rs1,101.10 per share down by Rs9.75 or 0.88% from its previous closing of Rs1,110.85 per share on the BSE.
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