Gaimukh-Fountain hotel tunnel project: MEIL emerges lowest bidder for the project
Mumbai Metropolitan Region Development Authority (MMRDA) has declared Megha Engineering and Infrastructures Ltd. (MEIL) as the lowest bidder (L1 bidder) for civil construction of a 5.5 km underground road tunnel connecting Gaimukh (Thane) and Fountain Hotel Junction (Bhayandar).
The firm placed a bid of Rs 9019.53 crore for the work. Further, MEIL placed a bid worth Rs 6163.34 crore for the elevated road project, making it the lowest bidder for this project as well. The scope of work involves the design and construction of an elevated road from the Fountain Hotel Junction at Thane Ghodbunder Road to Bhayander.
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