18.10.08

Mumbai Monorail snippets

The Maharashtra state authorities gave the go-ahead to Mumbai’s first monorail, which will run on a 20-km route between Jacob Circle and Chembur via Wadala.The Mumbai Metropolitan Region Development Authority (MMRDA) executive committee, led by chief secretary Johny Joseph gave clearance to the Rs 2,460 crore contract document submitted by L&T-SCOMI consortium for the project. The L&T-SCOMI was asked to submit the revised bid document after it was found that it had quoted Rs 2,970 crore as the cost to be paid by the MMRDA against the tendered cost of Rs 1,440. However, the L&T-SCOMI scaled it down by just Rs 510 crore.The project will be implemented on a build-operate-transfer basis.

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