Larsen & Toubro, HCC among lowest bidders for Mumbai Metro rail blocks

Mumbai Metro Rail Corporation (MMRC) has received 31 bids from nine consortiums to develop seven sections of the Colaba-Bandra-Seepz corridor.Seven consortiums have emerged as L1 bidders. Engineering and infrastructure major Larsen & Toubro (in partnership with Shanghai Tunnel Engineering Co) emerged the lowest bidder for two sections (Cuffe Parade to Flora Fountain and Marol to Seepz) of the 33.5-km corridor. Bidders for the other sections include consortiums led by HCC (CST to Mumbai Central section), J Kumar (Dharavi to the domestic airport and the domestic airport to the international one), ITD Cementation (Siddhivinayak to Mahim) and Soma (Mumbai Central to Mahim section). The third phase of the Mumbai metro project, estimated to cost Rs 23,136 crore, will be developed on a cash-contract basis, not under the build-operate-transfer model used for the 11.4-km Versova-Andheri-Ghatkopar corridor. Contact: Mumbai Metro Rail Corporation. Website: mmrda.maharashtra.gov.in