Mumbai Trans-Harbour Link: MMRDA opens bids for constructing 22-kilometre link
The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday said that it has opened the financial bids for the third package of construction for 22-km-long Mumbai Trans Harbour Link (MTHL). Larsen & Toubro was found to be the lowest bidder for the third package of MTHL after quoting 22.45% below the estimated Rs 1,300 crore.
Earlier, on Thursday MMRDA had opened financial bids for the remaining two packages wherein the bidders had quoted about 15 per cent more than the estimated of Rs 11,500 crore.
“Financial bid for third package of MTHL was opened today in which L&T is the lowest with 22.45 per cent below,” UPS Madan, Metropolitan Commissioner, MMRDA, told DNA on Friday.
The MMRDA had estimated Rs 12,800 crore for the civil construction out of the total cost of Rs 17,800 crore for the project. However, bidders for two out of the total three packages, in which the project was divided, have quoted 15 per cent more than the estimations, and for the third package L&T has quoted, below the estimated.
Further, two joint ventures namely L&T with IHI Japan, and Tata Projects with Daewoo Korea for the first two packages, and L&T in the third package have been shortlisted for …read more
Mumbai Trans-Harbour Link: MMRDA opens bids for constructing 22-kilometre link
The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday said that it has opened the financial bids for the third package of construction for 22-km-long Mumbai Trans Harbour Link (MTHL). Larsen & Toubro was found to be the lowest bidder for the third package of MTHL after quoting 22.45% below the estimated Rs 1,300 crore.
Earlier, on Thursday MMRDA had opened financial bids for the remaining two packages wherein the bidders had quoted about 15 per cent more than the estimated of Rs 11,500 crore.
“Financial bid for third package of MTHL was opened today in which L&T is the lowest with 22.45 per cent below,” UPS Madan, Metropolitan Commissioner, MMRDA, told DNA on Friday.
The MMRDA had estimated Rs 12,800 crore for the civil construction out of the total cost of Rs 17,800 crore for the project. However, bidders for two out of the total three packages, in which the project was divided, have quoted 15 per cent more than the estimations, and for the third package L&T has quoted, below the estimated.
Further, two joint ventures namely L&T with IHI Japan, and Tata Projects with Daewoo Korea for the first two packages, and L&T in the third package have been shortlisted for …read more
