RSS Feeds Forgot Password | Register
Railways | October 10, 2012
#25613

RInfra makes allegation against MMRDA

Reliance Infrastructure (RInfra), which was awarded the contract for construction of the elevated Metro II from Charkop to Mankhurd via Bandra in Mumbai, alleged that the MMRDA has not fulfilled its obligations.    As per the contract, both parties have to fulfil their obligations to commence project work. Reliance has fulfilled all its obligations, such as depositing bank guarantee of over Rs 100 crore and ensuring bank loans for a Rs 10,000-crore project.    However, the project can't be started until the MMRDA fulfils its obligations, like getting environment clearance, clear way for construction, and developmental rights to make Metro II financially feasible, reports quoted RInfra source as saying. The Anil-Ambani led firm received permission to build car depots at Mankhurd and Charkop only on stilts, which is a costly affair.    RInfra said this in response to a recent directive by the MMRDA to the firm asking it to start work at the earliest or face action.

   In the letter, RInfra termed MMRDA's directive as "arbitrary, completely misplaced and totally unfounded". The contract was awarded to RInfra three years ago but the project has not moved off the drawing board yet.

   The firm says no permission has been received to wash trains at depots, thus making the project unfeasible for the developer. No civil aviation nod has been given for a stretch of the elevated route near the Juhu airport ; there are hurdles in the form of high voltage electric lines and no rights to exploit commercially the route with an FSIof 4, making the project a financial nonstarter, RInfra said.

Advertise Here [670 W x 90 H pixels]
Subscribe Project Reporter
  • Sector News

  • Latest News

  • 20 Dec 2014

    NMRC finalises 21 station for Greater Noida metro project

    read more
  • 16 Dec 2014

    Centre approves proposal to ensure quick transfer of land owned by government departments and PSUs for metro rail projects

    read more
  • 05 Dec 2014

    IRB Infrastructure gets provision certificate for Pathankot Amritsar BOT Project

    read more
  • 05 Dec 2014

    MMRDA approves two metro corridor project for Mumbai

    read more
  • 05 Dec 2014

    GOI gives nod to monorail project in Chennai

    read more
  • 18 Nov 2014

    Telangana government plans to take up road development in a big way

    read more
  • 04 Jan 2015

    PM stresses on improving quality of urban governance...

    read more
  • 04 Jan 2015

    Government to build industrial corridors and smart cities...

    read more
  • 04 Jan 2015

    AP to seek Rs 2,000 crore under Swachh Bharat scheme...

    read more
  • 04 Jan 2015

    BHEL gets 1x800 MW Kothagudem power project...

    read more
  • 04 Jan 2015

    BHEL, HSL and Midhani comes together to bid for submarine project...

    read more
  • 04 Jan 2015

    Develop new airports in Arunachal Pradesh: Thangwang Wangham...

    read more
|
Advertise Here [728 W x 90 H pixels]