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Rs 100 bn sea link project finds no taker

Rs 100 bn sea link project finds no taker

Despite the 20 per cent viability gap funding offered by the government, no private player is ready to bid for the 22-km trans-harbour sea link road project connecting New Mumbai to Sewri. This is because infrastructure developers feel that the Rs 10,000-crore project is unviable as it involves high finance costs and lack of liquidity

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It's not a bridge – it's a gamechanger

It's not a bridge – it's a gamechanger

Mumbai Metropolitan Region Development Authority (MMRDA) recently issued Request for Quotation (RFQ) for the much-awaited trans-harbour link from Mumbai's Sewri and Nhava and Jawaharlal Nehru Ports, with further linkages to other ports.