"Reliance Infrastructure is fully geared to deliver the project in 60 months from the appointed date of June 24, 2019, as per the contract," the company statement said. Astaldi S.p.A, Reliance's partner in the project is world's third largest player in bridge construction, and is responsible for the construction of the Rs 45,500 crore Izmit Bay Bridge (Gebze-OrhangaziIzmir Motorway Project) in Turkey. Reliance Infrastructure is fully geared to deliver the project in 60 months from the appointed date of June 24, 2019 as per the contract, Reliance Infrastructure said in a BSE filing. Reliance Infrastructure will build the sea link with Italy’s Astaldi, which is an established player in constructing bridges on open seas. Reliance Infrastructure Wins Rs 7,000 Crore Versova-Bandra Sea Link Project . A Reliance Infrastructure-led consortium, on September 4, 2018, inked a pact with state-owned Maharashtra State Road Development Corporation (MSRDC), for the construction of the Rs 7,000-crore Versova-Bandra Sea Link in Mumbai, which has been pending for close to a decade. That's it. The sea link, which will be thrice the length of the Bandra-Worli Sea Link , … Reliance's conditions before beginning work on Worli-Haji Ali stretch MSRDC is expected to finalise the location of the casting yard for the work to start on the project. 17.62 % Invest Now. The 9.6-km Bandra-Versova sea link aims to address traffic jam issues and save fuel and time of motorists, the statement said. Recently, his company Reliance Infrastructure of Reliance Group conglomerate bagged in the Versova-Bandra sea link project. The project is expected to be completed in five years, with construction of the sea link to begin in October. The VBSL is three times the length of the Bandra-Worli Sea Link, which is 5.6 km. About Zee Business ----- Zee Business is one of … To install click the Add extension button. Also Read: Metro 2B Project: MMRDA Demands The Petitioners To Deposit ₹10,000 Crore As Security DepositThe construction work will commence in October and MSRDC has plans to finish the sea-link by 2023. The VBSL will be located approximately 900m to 1800m from the Coast, with a lenght of approximately 10 km, with dispersal points at Juhu Koliwada and Jogger’s Park. DNA. Meanwhile, MSRDC officials announced in a press conference that the construction of Bandra- Versova Sea Link will start in a month's time. “The Versova-Bandra sea link is the Studio Fuksas proposal for a sea bridge starting from the Bandra end of Bandra-Worli sea link and terminate at Versova, in #Mumbai. The Reliance Infrastructure consortium … Reliance Infrastructure along with its Italian JV partner Astaldi have submitted Performance Security Bank Guarantee and Mobilisation Advanced Guarantee to Maharashtra State Roads Development Corporation for 17.17km Bandra Versova Sea Link project. The HC was hearing a plea filed by activist Zoru Bhathena, opposing the MSRDC’s plea seeking the court’s permission to cut 1,585 mangroves for the construction of the Bandra-Versova sea link. Hence, heavy expenditure on further sea links is not justified.” While the civic body has already started work on phase-1 of the coastal road, from Nariman Point to the Bandra-Worli Sea Link, the MSRDC recently awarded the contract for the 17.17-km VBSL to Reliance … 5Y Return. Versova-Bandra Sea Link, with a length of 17.17 km, will be three times the length of the Bandra-Worli Sea Link which is 5.6 km long. Three connectors The bridge will connect the sea link to the mainland at Otters Club in Bandra, Juhu Koliwada in Juhu and Nana Nani Park in Versova. For the project, Reliance Infrastructure has completed the works related to soil investigation in partnership with Fugro Ltd, and engineering design in partnership with Dar Al Handasah. Written By. Read more about RInfra-Astaldi bags Mumbai's Versova-Bandra sea-link project on Business Standard. Quite the same Wikipedia. Constructing the Bandra-Versova Sea Link is set to cost Rs 1,477 crore more from the initially estimated Rs 5,516 crore, with the Maharashtra State Road Development Corporation (MSRDC) accepting the Rs 6,993-crore bid by Anil Ambani-led Reliance Infrastructure, which made the offer with its foreign partner Astaldi Construction. Track Latest News Live on NDTV.com. Versova-Bandra Sea Link project: MSRDC signs pact with Reliance-Astaldi; Versova-Bandra Sea Link project: MSRDC signs pact with Reliance-Astaldi The total length of the sea link is 9.6 kilometre, which will include connectors, and will in total measure 17.17 km. The Bandra-Versova sea link was recently approved for construction by the Chief Minister of Maharashtra, Devender Fadnavis. Benchmarks . Mumbai: The fate of the Bandra-Versova Sea Link hangs in balance even as MSRDC officers worry about expenditure and project delays. The cost for constructing Mumbai’s second sea-link, the Bandra-Versova sea-link (BVSL), is set to rise to slightly over 60% to Rs 11,332.81 crore by the time it is completed in 2023. Anil Ambani-led Reliance Infrastructure said on Wednesday it has bagged the ₹ 7,000 crore Versova-Bandra Sea Link (VBSL) project in Mumbai. And Versova the new Sea link will bring the travel time between the two from. 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