MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) is spearheading the project, which includes a part-tunnel, part-elevated road parallel to the congested Ghodbunder Road. Five months after the tender was floated, five infrastructure firms have submitted their bids to execute the project.
The proposed third tunnel joins two other projects beneath SGNP: the 10.8-km Thane-Borivli twin tunnel, managed by the MMRDA, and the 6.3-km Goregaon-Mulund Link Road twin tunnel, handled by the Brihanmumbai Municipal Corporation. Companies vying for the new project include Larsen & Toubro Limited, Megha Engineering and Infrastructure Limited, Navayuga Engineering Company Limited, Afcons Infrastructure Limited, and Rithwik Projects Private Limited.
While the estimated cost is pegged at ₹20,000 crore, the final figure will depend on the lowest bid after financial evaluations.
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