
Mumbai: The Mumbai Metropolitan Regional Development Authority (MMRDA) opened the financial bids for the Metro-4 packages on Monday. The overall lowest bid is around 1.36% less than MMRDA’s estimated cost of around Rs2,100 crore for four packages. If the MMRDA’s executive committee gives a go-ahead to the works, then it is likely to be awarded to Reliance-Astaldi and Tata Projects-China Harbour Engineering Company (TPL-CHEC), both joint ventures.
“We should start the soil-testing in March and full-fledged work in April. There will be barricades on EEH and LBS Marg and traffic diversions will be in place,” Pravin Darade, additional metropolitan commissioner, MMRDA, said.
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