Versova-Dahisar project costs surge to Rs 359.55 billion in 6 months

05 Feb 2024 CW Team

According to the budget speech, the BMC commissioner announced that the total cost of the Versova-Dahisar Project has reached Rs 359.55 billion. However, it was mentioned that when tenders for the project were floated in August the previous year, the cost was estimated at Rs 166.21 billion. Officials clarified that the apparent increase in price is not due to any escalation, but rather, when the tenders were initially floated, the cost did not include GST and various other ancillary expenses. These additional costs have now been incorporated into the total specified in the budget speech.

The alignment of this project, extending from the Versova Interchange to the Dahisar Interchange of the Mumbai Coastal Road Project, was highlighted. Additionally, a proposed elevated GMLR connector from the Mindspace Malad Junction on the Coastal Road to the starting point of GMLR in Goregaon East was mentioned. This connector aims to link the southern tip and western suburbs of Mumbai with Mulund and Thane.

The development of this project is based on a design and build approach. Given its extensive length, traversing diverse terrains such as mangroves and creek areas, crossing a metro depot, and involving various components requiring specialised expertise, the project has been divided into six packages.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..