The Maharashtra government, on Thursday, announced that it would re-tender the Rs 12,000 crore Mumbai Metro Line II project. This step was taken following termination of the agreement with Reliance Infrastructure of Mumbai Metro Transport (MMTPL).
Reliance Infrastructure has blamed the state for not fulfilling its obligation and has asked for the return of the Rs 160 crore bank guarantee that the company had provided. Earlier, MMRDA had appointed MMTPL -- a consortium of Reliance Infrastructure (RInfra), SNC Lavolin Inc Canada, and Reliance Communications, to construct the line on a PPP model. A concession agreement was signed in January 2010.
As a result, MMRDA will re-tender the project and it will be awarded to the lowest bidder.
The original plan was to construct a fully elevated 31.87 km long Mumbai Metro Line II project, with 27 stations, and was designed to provide a crucial east-west link in the city. MMRDA has reworked on the entire Metro II project and awaits approval in the meeting scheduled for next week. The new route will be underground from Dahisar to Mankhurd via Charkop and the project cost has increased to Rs 30,000 crore from the earlier estimate of Rs 8,000 crore.
More Project Info:
Dahisar-Charkop-Bandra-Mankhurd Corridor