Friday, June 20, 2008

MSRDC to invite fresh bids for water transport project

Maharashtra State Road Development Corporation is in the process of inviting fresh bids on BOOT basis for the Rs.450 crore passenger water transport system (PWTS) between Borivali and Nariman Point. MSRDC is the nodal agency implementing the PWTS project along the western coast of Greater Mumbai.

MSRDC had earlier entrusted the responsibility with Maharashtra Maritime Board (MMB) to develop the project, but however following a series of setbacks, the state government cancelled the tenders.

The passenger water transport system project involves construction of passenger water-transport terminals at six designated locations that include Borivali, Marve, Versova, Juhu, Bandra and Nariman Point.