The Anil Ambani-led Reliance Infrastructure has failed to win a bid to build India’s first monorail project in Mumbai after a consortium between engineering major L&T and Malaysian firm Scomi International bagged the Rs 2,460-crore contract.
The Mumbai Metropolitan Region Development Authority (MMRDA), the designated nodal agency for the project, awarded the bid to L&T-Scomi consortium rejecting an offer made by Reliance Infrastructure and Hitachi due to its longer timeframe. Interestingly, a consortium led by Mukesh Ambani’s Reliance conglomerate had also bid for the project, but the offer was rejected on technical grounds.
The monorail will run on a 20-km elevated stretch between Jacob Circle and Chembur. Each train, at a frequency of six minutes, would have four bogies and will take 18 stations planned on this route. The project could be executed on a “fast-track” basis as it requires a lesser space and minimal demolition of buildings.