Seven engineering majors, including L&T, IRCON International, and J Kumar Infraprojects, have emerged as the lowest bidders for Phase 1 of the Virar-Alibag Multimodal Corridor (VAMC). The Maharashtra State Road Development Corporation (MSRDC), which is executing the project, opened bids on Tuesday, May 21.
MSRDC awarded 11 construction contracts for the 96.47-km-long Phase 1 of the 126-km Corridor. VAMC will be developed as an 8-14-lane access-controlled highway. Phase 1 will connect Navghar-Balavali through three districts: Raigad, Thane, and Palghar.
Also Read: NHSRCL’s High-Speed Rail (Bullet Train) Projects
Other winners include Navayuga Engineering Company (NECL), Oriental Structural Engineers (OSE), Megha Engineering and Infrastructures (MEIL), and Welspun Enterprises (WEL). The expressway has been designed for a speed of 120 km/h, and the land acquisition process is currently underway.
MSRDC will spend an estimated INR 22,000 Crore to acquire the land. Furthermore, MSRDC has received Environmental clearance for the 18-km stretch between Chirner and Balvali, while the process for the remaining stretch is in its final stages.
Biltrax Construction Data is tracking 30,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0
