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.

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement