Bandra-Versova sealink to be built by Reliance Infra in 5 years

Bandra-Versova sealink to be built by Reliance Infra in 5 years

A consortium of Reliance Infrastructure and Italy’s Astaldi will build the 10-km Bandra-Versova sealink in five years. The state government on Friday awarded the Rs 6,994 -crore project to the consortium though the bid, lowest among the five in the fray, was Rs 1,477 crore higher than the Rs 5,516 crore estimate made by the government in November 2016 while inviting bids.
Construction of the sealink, expected to reduce the Bandra-Versova travel time to around 10 minutes, is likely to begin in October. The smooth drive will come at a premium for motorists as the minimum toll will be Rs 130 when the sealink opens by 2023.

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