The process is to begin shortly to construct an elevated road connecting Bandra-Kurla Complex and Eastern Express Highway in Mumbai. The Mumbai Metropolitan Region Development Authority (MMRDA) said that in another month or so they will commence the process of inviting bids to construct the bridge linking the Eastern Express Highway and LBS Road to Bandra-Kurla Complex, the key business district of Mumbai.
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Mumbai-Ghatkopar Freeway phase II to be ready by Feb
In Mumbai, the second phase of the Eastern Freeway project, connecting south Mumbai to Ghatkopar, will be ready by next February. Currently, girders are being launched at the Ghatkopar end of the Freeway.
Peddar Road flyover to be built upto Girgaum Chowpatty
In Mumbai, the Maharashtra State Road Development Corporation (MSRDC) will go ahead with its original plan to build the flyover from Haji Ali-Girgaum Chowpatty. Now it will discard Mumbai Transformation Support UnitÂ’s (MTSU) plan for a shorter version of Peddar Road flyover covering only Cadbury Junction, said MSRDC.
Stir demands to pace up repairs to bridge
In Mumbai, residents of Kalina-Kurla area staged a road blockade (rasta roko) and demanded the authorities concerned to complete work immediately on the Kalina-Kurla bridge over Mithi river. The protesters blocked traffic on LBS Road to a standstill for close to half an hour.
India launches Bharatiya Mahila Bank for women
IndiaÂ’s first all-women bank, Bharatiya Mahila Bank was inaugurated by Prime Minister Manmohan Singh and UPA Chairperson, Sonia Gandhi Jointly in Mumbai on November 19, on the occasion of birth anniversary of former Prime Minister Indira Gandhi.
Mahanagar Gas mulls Rs 1,000 cr IPO next year
Mahanagar Gas, which supplies natural gas to Mumbai, is mulling an initial public offer (IPO) worth around Rs 1,000 crore. For giving a mandate for the public offer, the company expects a valuation of over Rs 6,000 crore and is in talks with banks.
Maha calls RFP for 6,000 CCTVs for Mumbai
To design, implement and operate a state-of-the-art, internet protocol-based CCTV surveillance system for Mumbai, the Maharashtra government has invited a Request for Proposal (RFP). The project cost is estimated at Rs 800 crore. The government's initiative comes ahead of the fifth anniversary of the 26/11 terrorist attack in Mumbai which killed 166 people.
Railways nod for launching SCLR girders in Mumbai
To start launching girders for the delayed Santa Cruz Chembur Link Road (SCLR) project in Mumbai, the Central Railway (CR) has finally given permission to the two infrastructure agencies. The nodal agency Mumbai Metropolitan Region Development Authority (MMRDA) and the implementing agency Maharashtra State Road Development Corporation (MSRTC) have been waiting for issue of blocks (time for work) by the CR since March this year.
ABG Shipyard to restructure its long-term debts
Mumbai-based ABG Shipyard, a shipbuilding company, is in the process of restructuring its long-term debts. The company has been facing liquidity issues since 2011 and global recession has dealt a severe blow as almost 70 per cent of its customers are Europeans.
Abu Dhabi Kizad’s new office in Mumbai
A new office in Mumbai has been opened by
Khalifa Industrial Zone, Abu Dhabi (Kizad). Kizad is the new industrial and logistics zone in the UAE capital situated next to the Khalifa Port. The new office, which will be located in the Bandra Kurla Complex, a high end commercial district in the city, will be fully operational by the first quarter of 2014.