Ashmi Road secures toll contract for Samruddhi Expressway and Worli Sea Link
ROADS & HIGHWAYS

Ashmi Road secures toll contract for Samruddhi Expressway and Worli Sea Link

Ashmi Road Carriers Private Limited (ARCPL), led by local businessman Pyare Khan, has been awarded the contract to operate toll booths along the Samruddhi Mahamarg Expressway and the Rajiv Gandhi Bandra-Worli Sea Link in Mumbai for a duration of three months.

ARCPL emerged as the lowest bidder, proposing a revenue share of 4.58% from toll collections on the Samruddhi Mahamarg and 5.64% from the Rajiv Gandhi Sea Link, as part of its agreement with the Maharashtra State Road Development Corporation (MSRDC). The company competed against six other bidders for these contracts.

"It's a matter of pride for a firm in Nagpur to secure such a prestigious contract in the state," Khan told the Times of India, noting that the sea link contract was won with a slim margin.

Khan stated that operations on both routes have already commenced. As a toll operator, ARCPL's responsibilities will also include improving traffic management to alleviate congestion, particularly on the expressway.

Additionally, the company plans to conduct safety awareness campaigns, reminding drivers to remain cautious and considerate of their loved ones waiting at home. Khan has also suggested that the MSRDC implement rest facilities for drivers at regular intervals along the expressway to promote safer driving speeds.

ARCPL has a solid track record in the industry, managing toll operations on various highways constructed by the National Highways Authority of India (NHAI).

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Ashmi Road Carriers Private Limited (ARCPL), led by local businessman Pyare Khan, has been awarded the contract to operate toll booths along the Samruddhi Mahamarg Expressway and the Rajiv Gandhi Bandra-Worli Sea Link in Mumbai for a duration of three months. ARCPL emerged as the lowest bidder, proposing a revenue share of 4.58% from toll collections on the Samruddhi Mahamarg and 5.64% from the Rajiv Gandhi Sea Link, as part of its agreement with the Maharashtra State Road Development Corporation (MSRDC). The company competed against six other bidders for these contracts. It's a matter of pride for a firm in Nagpur to secure such a prestigious contract in the state, Khan told the Times of India, noting that the sea link contract was won with a slim margin. Khan stated that operations on both routes have already commenced. As a toll operator, ARCPL's responsibilities will also include improving traffic management to alleviate congestion, particularly on the expressway. Additionally, the company plans to conduct safety awareness campaigns, reminding drivers to remain cautious and considerate of their loved ones waiting at home. Khan has also suggested that the MSRDC implement rest facilities for drivers at regular intervals along the expressway to promote safer driving speeds. ARCPL has a solid track record in the industry, managing toll operations on various highways constructed by the National Highways Authority of India (NHAI).

Next Story
Infrastructure Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Next Story
Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

Next Story
Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement