Thane-Bhayandar mega projects: Days after scrapping tenders, MMRDA seeks details of L&T’s ‘Rs 3,000 crore lower’ bid
Days after scrapping two tenders worth Rs 14,000 crore for the Thane-Ghodbunder to Bhayandar tunnel and elevated road projects in the “larger public interest”, the Mumbai Metropolitan Region Development Authority (MMRDA) has asked Larsen & Toubro (L&T) Ltd to provide detailed financial estimates which were part of its bid.This comes after L&T disclosed before the Supreme Court that its price bid was over Rs 3,000 crore lower than the lowest bidder declared by MMRDA.
The L&T had claimed before the SC that compared to Megha Engineering and Infrastructure Ltd (MEIL) which was declared as the lowest bidder for both the projects, its price bid was almost Rs 2,521 crore less in case of the tunnel project, and Rs 609 crore less for the elevated road project.
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