MMRDA To Re-Tender Rs 140 Billion Tunnel-Road Project

02 Jun 2025 CW Team

The agency is also evaluating the possibility of reducing the overall base project cost by approximately Rs 30 billion to ensure optimal utilisation of public funds.

The infrastructure initiative comprises two major components: a 5-kilometre twin tunnel with a diameter of 14.6 metres, estimated at Rs 80 billion, and a 9.8-kilometre elevated road bridge across Vasai Creek connecting Bhayandar and Ghodbunder Road, budgeted at Rs 60 billion. Once completed, the projects will significantly reduce travel time and enhance connectivity between the eastern and western suburbs of the Mumbai Metropolitan Region.

Engineering firm Larsen & Toubro (L&T), one of the initial bidders, had challenged the tendering process in both the Bombay High Court and the Supreme Court through a Special Leave Petition (SLP). L&T sought several interim and final reliefs, including restraining MMRDA from opening or disclosing financial bids and issuing the Letter of Award.

However, the Supreme Court did not grant L&T’s requested relief. According to MMRDA, L&T was disqualified from the tender process due to non-compliance with a mandatory eligibility clause. This clause required a declaration that no bridge or barrage built by the bidder had collapsed within two years of completion. L&T’s failure to satisfy this condition rendered its bid ineligible and disqualified from financial consideration.

Despite the judiciary upholding MMRDA’s position at both the High Court and Supreme Court levels, the authority—represented by Senior Counsel Mukul Rohatgi and Solicitor General Tushar Mehta—opted to withdraw the tenders in the larger interest of transparency and public good. A new round of bidding will now commence for the Rs 140 billion infrastructure undertaking.

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced it will re-tender the Ghodbunder–Bhayandar twin tunnel and elevated road project, with a fresh bidding process to be launched following legal challenges and cost concerns. The MMRDA informed the Supreme Court of India about this decision on 30 May.The agency is also evaluating the possibility of reducing the overall base project cost by approximately Rs 30 billion to ensure optimal utilisation of public funds.The infrastructure initiative comprises two major components: a 5-kilometre twin tunnel with a diameter of 14.6 metres, estimated at Rs 80 billion, and a 9.8-kilometre elevated road bridge across Vasai Creek connecting Bhayandar and Ghodbunder Road, budgeted at Rs 60 billion. Once completed, the projects will significantly reduce travel time and enhance connectivity between the eastern and western suburbs of the Mumbai Metropolitan Region.Engineering firm Larsen & Toubro (L&T), one of the initial bidders, had challenged the tendering process in both the Bombay High Court and the Supreme Court through a Special Leave Petition (SLP). L&T sought several interim and final reliefs, including restraining MMRDA from opening or disclosing financial bids and issuing the Letter of Award.However, the Supreme Court did not grant L&T’s requested relief. According to MMRDA, L&T was disqualified from the tender process due to non-compliance with a mandatory eligibility clause. This clause required a declaration that no bridge or barrage built by the bidder had collapsed within two years of completion. L&T’s failure to satisfy this condition rendered its bid ineligible and disqualified from financial consideration.Despite the judiciary upholding MMRDA’s position at both the High Court and Supreme Court levels, the authority—represented by Senior Counsel Mukul Rohatgi and Solicitor General Tushar Mehta—opted to withdraw the tenders in the larger interest of transparency and public good. A new round of bidding will now commence for the Rs 140 billion infrastructure undertaking.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..