Maharashtra invites bids for Versova-Bandra Sea Link project.

Ahead of the announcement of the code of conduct for the ensuing Lok Sabha polls, the state-run Maharashtra State Road Development Corporation (MSRDC) has invited request for qualification (RFQ) for the Rs. 5,975 crore Versova-Bandra Sea Link (VBSL) project.

The 9.9 km project would be developed through public private partnership on a design, build, finance, operate and transfer basis. The VBSL project would be built 900 metres into the sea. It would be a northward extension of the Bandra-Worli Sea Link and would be the last leg of the link which starts from Nariman Point in south Mumbai.

'The project is expected to be complete in four years. All the requisite clearances including environment clearance are in the MSRDC's possession,' MSRDC chairman and public works minister Jaidutt Kshirsagar told Business Standard.

He informed that the state cabinet sub-committee on infrastructure headed by Chief Minister Prithviraj Chavan had given its consent at its meeting held in January.

He added the bidders would have to submit an RFQ by May 30.

This is one of the crucial infrastructure projects proposed by the Congress-Nationalist Congress Party government, with a total investment of Rs. 66,000 crore in Mumbai and adjoining areas.

BS