HCC-HDC JV Wins INR 21260 Million Mumbai Coastal Road Contract
Hindustan Construction Company Limited (HCC), in a joint venture with Hyundai Development Corporation (HDC), has been awarded an INR 21260 million contract by the Municipal Corporation of Greater Mumbai (MCGM), for design and construction of the Mumbai Coastal Road Project, Package II. HCC's share in the JV is 55% (INR 11690 million) and the project is to be completed in 4 years (48 months).
The scope of work includes design and construction of road, bridges, interchanges including reclamation and associated works between Baroda Palace near Haji Ali and the Worli end of Bandra Worli Sea Link.
MCGM has envisaged the Mumbai Coastal Road Project (MCRP) along the western seafront of the city to decongest existing roads. This ambitious project intends to connect the iconic Marine Drive in the south to Kandivili in the north. It comprises of tunnels, roads on reclaimed land, roads on stilts and bridges with interchanges planned at strategic locations for dispersal of traffic. MCRP would cut down travel time of commuters by as much as 60% and the dedicated bus rapid transit systems (BRTS) lanes would encourage public transport, leading to fuel savings. The section from Baroda Palace to the Worli end of the existing Bandra Worli Sea Link is one of the three packages of the first phase of the MCRP.
- Issued By:MUNICIPAL CORPORATION OF GREATER MUMBAI
- Bagged By:
- Region:Western India
- Value:INR 21260 Million
- Published On:2018-10-03