14 Firms Bid for Virar-Alibaug Corridor
ECONOMY & POLICY

14 Firms Bid for Virar-Alibaug Corridor

In a significant development for the infrastructure landscape of Maharashtra, 14 prominent engineering companies have collectively submitted 33 bids for the construction of the Virar-Alibaug Multi-Model Corridor (VAMMC). This ambitious project spearheaded by the Maharashtra State Road Development Corporation (MSRDC) aims to link the districts of Palghar, Thane, and Raigad through a comprehensive transport network. The bids have been specifically solicited for the construction of the initial 96.4 km stretch, constituting the first phase of the 126 km corridor, extending from Navghar in Palghar district to Balavali in Raigad district.

While the technical evaluation of the bids is underway, a senior official from MSRDC, revealed that the financial bids will be assessed subsequently to determine the winning bidder. The entirety of the VAMMC project, envisaged to enhance connectivity and facilitate regional development, is slated for completion by the year 2030.

The project, estimated to cost Rs 5500 billion, encompasses an extensive expressway designed to accommodate eight to 14 lanes with a lane width of 3.75m, catering to a maximum speed of 120 kmph. The right of way (RoW) for the expressway varies across different sections, ranging from 45m to 126m. Land acquisition efforts are underway, with MSRDC earmarking Rs 22,000 Crore for the acquisition of approximately 1,347 Ha of land required for the Greenfield expressway.

Originally conceived by the Mumbai Metropolitan Region Development Authority (MMRDA) in 2011, the responsibility for the construction was transferred to MSRDC in September 2020. The corridor's alignment traverses through three districts, necessitating land acquisition of 61.29 Ha in Palghar, 520.92 Ha in Thane, and approximately 765.01 Ha in Raigad.

Highlighting MSRDC's progress, environmental clearances have been obtained for the 18-km stretch between Chirner and Balvali, with forest clearance applications pending for the Navghar-Chirner section. The project, however, entails the diversion of approximately 5,000 trees and 221 Ha of forest land.

MSRDC's rigorous selection process commenced in April 2023 with the invitation of requests for qualification (RFQ) applications, leading to the submission of bids by 28 firms in June 2023. Subsequently, 18 firms qualified for the request for proposal (RFP) round in December 2023, culminating in price bid invitations in January 2024, with a stipulated construction deadline of 900 days.

The burgeoning interest from engineering majors underscores the strategic importance and economic potential of the VAMMC project, signaling a significant stride towards bolstering regional connectivity and fostering sustainable development across Maharashtra's key districts.

In a significant development for the infrastructure landscape of Maharashtra, 14 prominent engineering companies have collectively submitted 33 bids for the construction of the Virar-Alibaug Multi-Model Corridor (VAMMC). This ambitious project spearheaded by the Maharashtra State Road Development Corporation (MSRDC) aims to link the districts of Palghar, Thane, and Raigad through a comprehensive transport network. The bids have been specifically solicited for the construction of the initial 96.4 km stretch, constituting the first phase of the 126 km corridor, extending from Navghar in Palghar district to Balavali in Raigad district. While the technical evaluation of the bids is underway, a senior official from MSRDC, revealed that the financial bids will be assessed subsequently to determine the winning bidder. The entirety of the VAMMC project, envisaged to enhance connectivity and facilitate regional development, is slated for completion by the year 2030. The project, estimated to cost Rs 5500 billion, encompasses an extensive expressway designed to accommodate eight to 14 lanes with a lane width of 3.75m, catering to a maximum speed of 120 kmph. The right of way (RoW) for the expressway varies across different sections, ranging from 45m to 126m. Land acquisition efforts are underway, with MSRDC earmarking Rs 22,000 Crore for the acquisition of approximately 1,347 Ha of land required for the Greenfield expressway. Originally conceived by the Mumbai Metropolitan Region Development Authority (MMRDA) in 2011, the responsibility for the construction was transferred to MSRDC in September 2020. The corridor's alignment traverses through three districts, necessitating land acquisition of 61.29 Ha in Palghar, 520.92 Ha in Thane, and approximately 765.01 Ha in Raigad. Highlighting MSRDC's progress, environmental clearances have been obtained for the 18-km stretch between Chirner and Balvali, with forest clearance applications pending for the Navghar-Chirner section. The project, however, entails the diversion of approximately 5,000 trees and 221 Ha of forest land. MSRDC's rigorous selection process commenced in April 2023 with the invitation of requests for qualification (RFQ) applications, leading to the submission of bids by 28 firms in June 2023. Subsequently, 18 firms qualified for the request for proposal (RFP) round in December 2023, culminating in price bid invitations in January 2024, with a stipulated construction deadline of 900 days. The burgeoning interest from engineering majors underscores the strategic importance and economic potential of the VAMMC project, signaling a significant stride towards bolstering regional connectivity and fostering sustainable development across Maharashtra's key districts.

Next Story
Infrastructure Urban

Consistent reforms will foster growth and reduce investor risk

Incorporated in 1986 as a wholly owned subsidiary of State Bank of India, SBI Capital Markets Ltd (SBICAPS) is a SEBI-registered Category I merchant banker and research analyst. It offers the entire bouquet of investment banking and corporate advisory services under one umbrella, covering project advisory and structured financing, capital markets, mergers and acquisitions, private equity, ESG advisory, startup advisory and stressed assets resolution. Headquartered in Mumbai, SBICAPS has seven regional offices of which six are in India (Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata and New ..

Next Story
Infrastructure Urban

Adani Group Invests $240M in Global Skills Academy

The Adani Group has announced a partnership with ITE Education Services (ITEES) of Singapore to establish a world-class talent pipeline for industries such as Green Energy, Manufacturing, Hi-tech, Project Excellence, and Industrial Design. The initiative will see an investment of over $240 million by the Adani family to set up internationally benchmarked schools of excellence, named Adani Global Skills Academy. These finishing schools will train students from technical and vocational backgrounds, equipping them with industry-relevant certifications. Graduates will have employment opportunities..

Next Story
Infrastructure Urban

Swiggy to Invest $120M in Scootsy for Expansion

Food and grocery delivery giant Swiggy Ltd announced on Friday that it will invest up to $120 million in its wholly owned subsidiary Scootsy Logistics in one or more tranches. Scootsy specializes in supply chain services and distribution, including warehouse management, in-warehouse processing with value-added services, and order fulfillment for wholesalers and retailers. "We wish to inform that the Board of Directors of the company, at its meeting held on Friday, February 21, 2025, has approved the investment by the company in the equity shares of Scootsy Logistics Private Limited, a wholly..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?