1. Home
  2. Infrastructure Transport
  3. ROADS & HIGHWAYS
  4. Ashmi Road secures toll contract for Samruddhi Expressway and Worli Sea Link
Ashmi Road secures toll contract for Samruddhi Expressway and Worli Sea Link
ROADS & HIGHWAYS

Ashmi Road secures toll contract for Samruddhi Expressway and Worli Sea Link

16 Oct 2024 2 Min Read CW Team
Ashmi Road Carriers Private Limited (ARCPL), led by local businessman Pyare Khan, has been awarded the contract to operate toll booths along the Samruddhi Mahamarg Expressway and the Rajiv Gandhi Bandra-Worli Sea Link in Mumbai for a duration of three months.

ARCPL emerged as the lowest bidder, proposing a revenue share of 4.58% from toll collections on the Samruddhi Mahamarg and 5.64% from the Rajiv Gandhi Sea Link, as part of its agreement with the Maharashtra State Road Development Corporation (MSRDC). The company competed against six other bidders for these contracts.

"It's a matter of pride for a firm in Nagpur to secure such a prestigious contract in the state," Khan told the Times of India, noting that the sea link contract was won with a slim margin.

Khan stated that operations on both routes have already commenced. As a toll operator, ARCPL's responsibilities will also include improving traffic management to alleviate congestion, particularly on the expressway.

Additionally, the company plans to conduct safety awareness campaigns, reminding drivers to remain cautious and considerate of their loved ones waiting at home. Khan has also suggested that the MSRDC implement rest facilities for drivers at regular intervals along the expressway to promote safer driving speeds.

ARCPL has a solid track record in the industry, managing toll operations on various highways constructed by the National Highways Authority of India (NHAI).

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Ashmi Road Carriers Private Limited (ARCPL), led by local businessman Pyare Khan, has been awarded the contract to operate toll booths along the Samruddhi Mahamarg Expressway and the Rajiv Gandhi Bandra-Worli Sea Link in Mumbai for a duration of three months. ARCPL emerged as the lowest bidder, proposing a revenue share of 4.58% from toll collections on the Samruddhi Mahamarg and 5.64% from the Rajiv Gandhi Sea Link, as part of its agreement with the Maharashtra State Road Development Corporation (MSRDC). The company competed against six other bidders for these contracts. It's a matter of pride for a firm in Nagpur to secure such a prestigious contract in the state, Khan told the Times of India, noting that the sea link contract was won with a slim margin. Khan stated that operations on both routes have already commenced. As a toll operator, ARCPL's responsibilities will also include improving traffic management to alleviate congestion, particularly on the expressway. Additionally, the company plans to conduct safety awareness campaigns, reminding drivers to remain cautious and considerate of their loved ones waiting at home. Khan has also suggested that the MSRDC implement rest facilities for drivers at regular intervals along the expressway to promote safer driving speeds. ARCPL has a solid track record in the industry, managing toll operations on various highways constructed by the National Highways Authority of India (NHAI).

Next Story
Infrastructure Urban
17 Jan 2025

Bain Capital Invests in Dhoot Transmission Group to Accelerate Growth

Dhoot Transmission Group, a prominent manufacturer of automotive components, has announced a strategic growth investment from Bain Capital. This partnership with founder and CEO Rahul Dhoot will leverage Bain Capital's automotive expertise to drive innovation, expand global reach, and explore high-growth segments through acquisitions and partnerships.Founded in 1999, Dhoot Transmission Group specializes in manufacturing wiring harnesses for two-wheelers, three-wheelers, and other vehicles, including both internal combustion engine (ICE) and electric vehicle (EV) segments. The company has diver..

Read More
Next Story
Infrastructure Energy
17 Jan 2025

Indian Oil Corp Eyes Sour Crude from Spot Market

Indian Oil Corporation (IOC), the largest oil refiner in India by capacity, is actively seeking to procure high-sulphur crude oil through spot tenders. This marks the company's first initiative to import sour crude oil since March 2022, according to insights shared by trade sources on Thursday. Sour crude, known for its higher sulphur content, is commonly used by complex refineries capable of processing such grades efficiently. In addition to the sour crude tender, IOC has also floated a separate tender for sweet crude oil, a variety with lower sulphur content that typically requires less int..

Read More
Next Story
Infrastructure Urban
17 Jan 2025

Indian Carmakers Gear up for EV Push in 2025 Despite Global Slowdown

Automakers in India are preparing to launch nearly a dozen new electric car models this year, many targeting the premium market. These vehicles are expected to feature extended driving ranges and faster charging capabilities, aimed at attracting consumers amid a global slowdown in demand for electric vehicles (EVs). Electric cars are set to dominate India's five-day auto show in New Delhi starting Friday. The event will showcase models from Vietnamese newcomer VinFast, alongside domestic players such as Maruti Suzuki and Mahindra & Mahindra, as well as international competitors including BYD,..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

Bain Capital Invests in Dhoot Transmission Group to Accelerate Growth
ECONOMY & POLICY
17 Jan 2025

Bain Capital Invests in Dhoot Transmission Group to Accelerate Growth

Indian Oil Corp Eyes Sour Crude from Spot Market
OIL & GAS
17 Jan 2025

Indian Oil Corp Eyes Sour Crude from Spot Market

Indian Carmakers Gear up for EV Push in 2025 Despite Global Slowdown
ECONOMY & POLICY
17 Jan 2025

Indian Carmakers Gear up for EV Push in 2025 Despite Global Slowdown

Welspun Partners with Saudi Aramco to Establish Manufacturing Facility
ECONOMY & POLICY
17 Jan 2025

Welspun Partners with Saudi Aramco to Establish Manufacturing Facility

India's Power Sector Offers Rs 40 Tn Investment Opportunity by 2035
POWER & RENEWABLE ENERGY
17 Jan 2025

India's Power Sector Offers Rs 40 Tn Investment Opportunity by 2035

Maharashtra to Launch One State, One Registration Scheme by April: IGR
Real Estate
17 Jan 2025

Maharashtra to Launch One State, One Registration Scheme by April: IGR

Dream11 Co-Founder Purchases Rs 1.38 Bn Apartment in Malabar Hill
Real Estate
17 Jan 2025

Dream11 Co-Founder Purchases Rs 1.38 Bn Apartment in Malabar Hill

Resolve All Pending Land Partition Cases within Two Months: Mohali ADC
ECONOMY & POLICY
17 Jan 2025

Resolve All Pending Land Partition Cases within Two Months: Mohali ADC

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000