02-20-2008, 05:09 PM
<b>REL gets Mumbai trans-harbour project</b>
A consortium of Anil Dhirubhai Ambani Group (ADAG) company Reliance Energy has bagged the construction contract for the Mumbai trans-harbour link between Sewri in Mumbai and Nava-Sheva across the creek in Navi Mumbai beating a consortium led by Mukesh Ambani.
Sources said the REL-Hyundai combine quoted a lower concession period for the build,operate and transfer (BOT) project of nine years and 11 months as against 75 years quoted by the Mukesh Ambani-controlled Sea King Infrastructure.
Phase-I of the project will comprise a six-lane dual carriageway linking Nhava to Sewri and Phase-II, which is expected to be added in 2015 -18, will consist of a double track rail link that will run parallel to the road link on the north side.
Government officials said the project cost has been revised to Rs 6,000 crore with a construction period of five years. The REL-led consortium can charge Rs 250 per heavy vehicle and Rs 120 for cars and light commercial vehicles as toll charges.
A consortium of Anil Dhirubhai Ambani Group (ADAG) company Reliance Energy has bagged the construction contract for the Mumbai trans-harbour link between Sewri in Mumbai and Nava-Sheva across the creek in Navi Mumbai beating a consortium led by Mukesh Ambani.
Sources said the REL-Hyundai combine quoted a lower concession period for the build,operate and transfer (BOT) project of nine years and 11 months as against 75 years quoted by the Mukesh Ambani-controlled Sea King Infrastructure.
Phase-I of the project will comprise a six-lane dual carriageway linking Nhava to Sewri and Phase-II, which is expected to be added in 2015 -18, will consist of a double track rail link that will run parallel to the road link on the north side.
Government officials said the project cost has been revised to Rs 6,000 crore with a construction period of five years. The REL-led consortium can charge Rs 250 per heavy vehicle and Rs 120 for cars and light commercial vehicles as toll charges.