Reliance Infra & Astaldi S.p.A In JV Won EPC Contract From MSRDC Worth INR 69939.9 Million
Reliance Infrastructure Limited and Astaldi S.p.A (Italy) in the joint venture has bagged the engineering, procurement and construction (EPC) contract for the prestigious Versova-Bandra Sea Link Project in Mumbai. The letter of award (LoA) for the project has been issued by Maharashtra State Road Development Corporation (MSRDC).
Reliance Infrastructure Limited-Astaldi S.p.A JV had emerged the most competitive bidder with their bid of INR 69939.9 million. The other bidders in fray were L&T-Samsung JV and Hyundai Development Company-ITD JV.
The tender for the construction of second sea link in Mumbai on EPC-basis was floated by MSRDC. With a length of 17.17 km, Versova-Bandra Sea Link is three times the length of the existing Bandra-Worli Sea Link, which is 5.6 km.
Reliance Infrastructure Limited EPC CEO, Arun Gupta, said, “Our JV with Astaldi S.p.A, the third biggest construction player in the world in bridges with an order backlog of over Rs. two lakh crore, will help us create a truly world-class mega infrastructure project for Mumbai.”
- Issued By:MAHARASHTRA STATE ROAD DEVELOPMENT CORPORATION LIMITED
- Bagged By:
- Region:Western India
- Value:INR 69939.9 Million
- Published On:2018-05-07