Hyderabad's Megha Engg wins Rs 144 bn Thane-Borivali tunnel tender
ROADS & HIGHWAYS

Hyderabad's Megha Engg wins Rs 144 bn Thane-Borivali tunnel tender

Megha Engineering & Infrastructures Ltd (MEIL), a Hyderabad-based company, has successfully secured two separate contracts for the prestigious Thane-Borivali twin tunnel project in Mumbai, with a combined bid value of Rs 144 billion. The Mumbai Metropolitan Region Development Authority (MMRDA) had invited tenders in December 2022 for the civil construction work of the 11.84 km Thane-Borivali twin tunnel project, divided into two packages, with a four-year deadline for completion.

During the opening of technical bids in April, only two companies, Larsen & Toubro (L&T) and MEIL, participated in the bidding process. After careful scrutiny of the financial bids on April 25, MEIL emerged as the lowest bidder for the first package, 'Package 1,' with a bid of Rs 74.64 billion. This package involves the design and construction of a 5.75 km section of the twin tunnel project from the Borivali side. L&T submitted the lowest bid of Rs 66.25 billion for 'Package 2,' entailing the design and construction of a 6.09 km section from the Thane side.

However, L&T's bid was later disqualified because they inadvertently failed to include the necessary tax component, as required by the tender guidelines, when stating their bid amount as the final figure. "We have awarded the letter of offer to MEIL after they emerged as the best bidder. L&T challenged this in the High Court, but their plea was rejected," stated MMRDA Commissioner SVR Srinivas. MEIL successfully secured the contract for the second package with a bid of Rs 69.37 billion.

Megha Engineering & Infrastructures Ltd (MEIL), a Hyderabad-based company, has successfully secured two separate contracts for the prestigious Thane-Borivali twin tunnel project in Mumbai, with a combined bid value of Rs 144 billion. The Mumbai Metropolitan Region Development Authority (MMRDA) had invited tenders in December 2022 for the civil construction work of the 11.84 km Thane-Borivali twin tunnel project, divided into two packages, with a four-year deadline for completion. During the opening of technical bids in April, only two companies, Larsen & Toubro (L&T) and MEIL, participated in the bidding process. After careful scrutiny of the financial bids on April 25, MEIL emerged as the lowest bidder for the first package, 'Package 1,' with a bid of Rs 74.64 billion. This package involves the design and construction of a 5.75 km section of the twin tunnel project from the Borivali side. L&T submitted the lowest bid of Rs 66.25 billion for 'Package 2,' entailing the design and construction of a 6.09 km section from the Thane side. However, L&T's bid was later disqualified because they inadvertently failed to include the necessary tax component, as required by the tender guidelines, when stating their bid amount as the final figure. We have awarded the letter of offer to MEIL after they emerged as the best bidder. L&T challenged this in the High Court, but their plea was rejected, stated MMRDA Commissioner SVR Srinivas. MEIL successfully secured the contract for the second package with a bid of Rs 69.37 billion.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code