MMRDA grants two-month extension on ₹14,000 crore road projects after L&T challenge in Bombay HC
Mumbai Metropolitan Region Development Authority (MMRDA) informed the Bombay High Court that it has decided to give about two months extension to bidders to study the geotechnical aspects of two road projects collectively worth over Rs 14, 000 crore.
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On Tuesday, MMRDA through its counsel informed the court that it has decided to give additional time of 60 days to all bidders to conduct geotechnical investigation in respect of the projects before they submit their bids.
The genesis of the dispute lies in the two tenders floated by the MMRDA last month.
These tenders are for the design and construction of an elevated road from Fountain Hotel Junction at Thane Ghodbunder Road to Bhayander at the estimated cost of about Rs 6,000 crore and the design and construction of an underground road tunnel from Gaimukh to Fountain Hotel Junction on Thane Ghodbunder road at the estimated cost of Rs 8,000 crore.
These road projects are the last leg of the ambitious coastal road project, which is expected to help with traffic congestion and ease travel time from the northern suburbs to the central and southern parts of the city of Mumbai.
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