Megha Engineering & Infrastructures Ltd (MEIL) has won two contracts worth Rs 144 billion for the construction of a twin tunnel project in Mumbai. The project, which is being undertaken by the Maharashtra State Road Development Corporation (MSRDC), will involve the construction of two 6.5-km long tunnels, one each in the east-west and north-south directions, along with a 10.6-km long elevated corridor.
The tunnels will be constructed using the latest tunnel boring machines (TBMs), and the elevated corridor will be constructed using the precast segmental method. The project is expected to be completed in four years, and is expected to reduce the travel time between Thane and Borivali by up to 50%.
The awarding of the contract to MEIL is a significant achievement for the company, and is a testament to its capabilities in the construction of complex infrastructure projects. The project is also expected to boost the company’s growth prospects in the coming years.
In a statement, MEIL said that it was “delighted to have been awarded these two prestigious contracts”. The company said that it was “committed to delivering the project on time and within budget, and to ensuring that it meets the highest standards of quality and safety”.
The Thane-Borivali twin tunnel project is one of the largest infrastructure projects in India. It is expected to have a major impact on the transportation network in Mumbai, and is expected to ease traffic congestion in the city.
The project is also expected to create significant employment opportunities. MEIL has said that it will employ over 10,000 people during the construction of the project.
The awarding of the contract to MEIL is a positive development for the Indian construction industry. It is a sign that Indian companies are capable of winning major infrastructure projects, and that they are able to compete with international companies.
The project is also a sign of the confidence that the government has in the Indian construction industry. The government is investing heavily in infrastructure, and it is clear that it believes that Indian companies are capable of delivering high-quality projects on time and within budget.
The Thane-Borivali twin tunnel project is a major milestone for MEIL. It is a sign that the company is growing and expanding its operations. The company is well-positioned to continue to grow in the coming years, and it is likely to win more major infrastructure projects in the future.