Five companies have bid for the 4.25 km Sewri-Worli elevated corridor, called by the Mumbai Metropolitan Region Development Authority (MMRDA) in Mumbai, in order to finalise the construction agency for the project.

The bid amount quoted by the five private companies is way below the reserve price set by MMRDA.

Of the five companies, two of the bidders have quoted less than the reserve price set by MMRDA. The five companies are: Gammon India, Hindustan Construction Company, Larsen & Toubro, NCC and Simplex Infrastructure.

If the rate quoted by the company is less, then it is the norm to seek an explanation from the company asking why the price is less. If the reply is convincing, only then will the work be awarded to the lowest bidder.

Bids for the elevated corridor were invited on the design-build procurement route.

The proposed project will begin at Narayan Hardikar Marg at Worli and meet the planned Mumbai Trans Harbour Link at its Sewri interchange near Sewri railway station. On the way to Bandra-Worli Sea Link, it will cross Western and Central Railway at Elphinstone Road railway station and Sewri railway station.

 As per the schedule, it should take 48 months from the awarding of work to complete the elevated road.

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