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Reliance Infrastructure wins Rs 11,000cr Mumbai Metro-II project

Reliance Infrastructure, in consortium with SNC Lavolin Inc, Canada and Reliance Communication has been awarded Mumbai Metro-II project on BOT basis for a concession period of 35 years with an extension clause of another 10 years. The project has been awarded by Mumbai Metropolitan Region Development Authority (MMRDA) through an international competitive bidding process. The estimated project cost is about Rs 11,000 crore and is scheduled to be operational by 2015.
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