Linking EEH & coastal road: L&T is the lowest bidder

27 Jul 2023 CW Team

Larsen and Toubro (L&T) has emerged as the lowest bidder for the 3.81 km long underground tunnel that will link Eastern Freeway to Coastal Road on Marine Drive. The project will decongest stretches of road like Crawford market junction, GPO Junction and even CSMT junction as this road will be like a bypass for traffic headed to and fro from Marine Driv.

An MMRDA official said, “Even though L&T has emerged as the lowest bidder, the decision to award the contract will be taken after scrutiny of the bid documents.”

L&T has quoted a sum of Rs 7,765 crore, which is almost Rs 1,000 crore more than the estimated cost. Once built, this will be the longest underground road tunnel within the island city. The 3+3 lane will take 4 years to complete. There will be two-lane one-way ramps to connect the Eastern Freeway and two-lane one-way tunnels to connect to Coastal Road and Marine Drive. The underground tunnel, whose alignment is planned below SVP road, will criss-cross above or below the Metro 3 (Colaba-Bandra-Seepz) corridor between Grant Road and Girgaum Metro station. It is expected to reduce the travel time between these two destinations to 8 to 10 minutes as against the existing time of 30 to 40 minutes via Fort and Marine Drive.

Earlier, MMRDA had planned for an elevated corridor. The viaduct was to come up at a height of 5.5 m at Girgaum but many idols are of the same height or taller, when they are transported by truck, the height would be invariably more than the viaduct.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..