Versova-Bandra sea link is a marquee project with a length of 17.17 km, which is three times the length of the Bandra-Worli Sea Link of 5.6 km
Representational picture
Reliance Infrastructure-led by Anil Ambani on Wednesday said that it has bagged one of the largest engineering, procurement and construction contracts from Maharashtra State Road Development Corporation (MSRDC) -- the Rs 7,000 crore Versova-Bandra Sea Link (VBSL) project in Mumbai.
ADVERTISEMENT
A statement that was released said, "Reliance Infrastructure is fully geared to deliver the project in 60 months from the appointed date of June 24, 2019, as per the contract."
Versova-Bandra sea link is a marquee project with a length of 17.17 km, which is three times the length of the Bandra-Worli Sea Link of 5.6 km. VBSL will cut down commute time of Mumbaikars from over 90 minutes to 10 minutes. Citizens can look forward to save their fuel cost besides eco-friendly travel with a minimal carbon footprint. MSRDC is expected to finalise the location of the casting yard for the work to start on the project.
Reliance Executive Director and CEO Punit Garg said, "This project will further propel Reliance Infrastructure as a premier E&C company in India. Our partnership with Astaldi SpA, the third biggest construction player in the world in bridges, will help us create a truly world-class mega infrastructure project for Mumbai."
Top news stories of the day
The Dutch mystery: Missing man kept texting wife's friends after she died
Information about Avdhut Shinde, who is missing since the mysterious death of his wife Sharmila in the Netherlands, doesn't cease to bemuse the couple's acquaintances and the police. Sharmila's friends now say Avdhut was chatting with them over Whatsapp after her death in an attempt to pretend everything was normal. (Read full story)
Mumbai: Student falls off local train after phone thief hits him with iron rod
A 23-year-old student is battling for life after he was allegedly attacked with an iron rod by a robber who snatched his mobile phone while he was on a moving train between Goregaon and Ram Mandir railway station on Monday morning. (Read full story)
BEST bus fares reduced, minimum fare down to Rs 5
After going back and forth on the issue of reducing the minimum fare for buses, the BEST Committee has finally decided to make the base charge Rs 5. The proposal will first be sent to the Brihanmumbai Municipal Corporation (BMC) and then to the Metropolitan Regional Transport Authority for approvals, a process that would take less than a month. As per the new fare structure, price of tickets for regular buses will range from Rs 5 to Rs 20 and for AC buses from Rs 6 to Rs 25. (Read full story)
Sex toys in Mumbai: The pleasure is all yours, so what's the fuss about?
In stark contrast to the hush-hush tones of conversations concerning sex, south Mumbai's Fort area sees an audacious sale of sex toys, complete with prominent displays. Motorised and non-motorised toys adorn the footpath stalls right opposite a court. A visit by team mid-day to this area confirmed the rampant sale of sex toys there. The vendors claim to have been selling these banned products for the past 40 years. (Read full story)
Mumbai biker's Leh death exposes regulation lapse
On June 21, 57-year-old Jojy Cherian, who was in Kargil on a motorcycle trip, sent a message at 6.53am to his son Rohan back in Navi Mumbai that he would soon be in a no-network area and that he was headed to Leh. Seventeen hours later, his family received news of his death in a road accident there. The incident that shook Rohan and his mother, Jessy, has also raised questions on the unorganised two-wheeler expeditions to Leh-Ladakh, which are turning out to be more a ruthless business and less an adventure sport. (Read full story)
Edited by mid-day online desk with inputs from PTI
Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates