HCC–HDC JV wins Rs 21.26-billion Mumbai Coastal Road contract

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HCC–HDC JV wins Rs 21.26-billion Mumbai Coastal Road contract
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HCC–HDC JV wins Rs 21.26-billion Mumbai Coastal Road contract

05 Oct 2018
Hindustan Construction Company (HCC), in a JV with Hyundai Development Corporation (HDC), has been awarded a Rs 21.26 billion contract by the Municipal Corporation of Greater Mumbai (MCGM), for design and construction of the Mumbai Coastal Road Project (MCRP), Package-2. HCC's share in the JV is 55 per cent (Rs 11.69 billion) and the project is to be completed in four years (48 months).

Commenting on the new order, Arjun Dhawan, Director & Group CEO, HCC, said, “The Mumbai Coastal Road will have a real impact on the lives of Mumbaikars by decongesting inner city roads and dramatically reducing travel time, while improving air quality around residential neighbourhoods.”

“For HCC, this prestigious and technically challenging project is a matter of immense pride and a natural extension of the Bandra-Worli Sea Link constructed by it,” he further added.

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 the Bandra-Worli Sea Link.

MCGM has envisaged the 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 Kandivali 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 per cent and the dedicated bus rapid transit system (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.

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