| Project Detail : | The construction work on the Vadpe-Thane stretch of the Mumbai-Nashik Highway also known as the Bhiwandi bypass has begun at an investment of ?1,182 crore. The 21-km bypass is the first Build-Operate-Transfer (BOT) project in the state where the four-lane highway bypasses the town of Bhiwandi and connects Mumbai to Kalyan, Bhiwandi, Nashik, Northern Maharashtra and Northern India. Being an asphalted road, the stretch is marked with many potholes during the monsoon. NHAI floated a tender to widen the narrow road to an eight-lane concretized one in 2019. The work was awarded to the Maharashtra State Road Development Corporation (MSRDC) after the concessionaire appointed by the National Highway Authority of India failed to carry the task. MSRDC’s joint MD Anil Gaikwad informed that the corporation got the work on hybrid annuity basis and is expected to be completed by May 2023
|
|---|
