Afcons Infrastructure has turned out to be the lowest bidder to construct the 11.20-km viaduct and nine stations for the Kochi metro’s Kakkanad extension, as financial bids for the project were opened here on Friday.
The firm had built the trio of Goshree bridges that link Kochi city with Goshree islands a decade and a half ago.
The bid amount for the Kakkanad extension (christened Pink Line) was not far off the estimate that Kochi Metro Rail Limited (KMRL) had readied for the project. A decision on awarding work will be taken after evaluation and concurrence of the Asian Infrastructure Investment Bank (AIIB), which has offered a loan for the project. This is in accordance with the tender guidelines issued by AIIB and is expected to take between 15 and 20 days, it is learnt.
