APCO to merge with Webuild in Constructing Versova Bandra Sea Link

APCO Infratech has bagged the most anticipated project- Versova Bandra Sea Link from Maharashtra State Road Development Corporation (MSRDC). The firm will merge as a joint venture with Webuild, a subsidiary of Astaldi to construct Versova Bandra Sea Link with an estimated budget of Rs. 9000 crore. Earlier, Astaldi-Reliance Infra JV had bagged the project in 2018. But now Reliance Infra, the former JV partner, has surrendered its stakes to Astaldi. As a result, Reliance Infra is no longer a part of the project. Now the APCO Infratech, a Lucknow-based company has got into the shoes of erecting the marvel. Versova-Bandra Sea Link is a 17.17km long bridge connecting Versova to Bandra Worli Sea Link. The 8-lane sea link is designed to alleviate sprawling traffic on the Western Express Highway and the congestion in the Western Line Mumbai Suburban Railway. It is a cable stayed design incorporating concrete steel precast segment viaducts present at both the terminals. The project is forecasted to accommodate up to 60,000 automobiles by slashing down the travel time from 90 minutes to just 15 minutes between the connecting locations, hence saving the most precious asset of Mumbaikar’s- Time! Since its commencement, Versova Bandra Sea Link has encountered numerous delays due to myriads factors. In 2012, the project's cost was reported to be Rs. 4,045 crore. In 2013, it exceeded Rs. 4,340 crore, and in 2014, it touched Rs. 5,975 crore. Now the cost has escalated to Rs. 9000 crore. Presently, APCO has joined hands with the global leader in bridge building- Astaldi. APCO Infratech is counted among India's rapidly emerging infrastructure corporations, boasting a stellar history of exceptional development and prosperity spanning three decades. By completing the most convoluted operations in the fields of highways, power generation, tunnels, irrigation/canal, metro rail, urban infrastructure, and industrial growth, it provides unparalleled expertise, where this project is a splendid achievement highlighting its continuous endeavor.