Reliance Infrastructure has won the Rs 7,000 crore Versova-Bandra Sea Link (VBSL) project. The 17.17 km project will be commissioned in 60 months from the appointed date of June 24, 2019, given by the MSRDC (Maharashtra State Road Development Corporation). It is believed that the Versova-Bandra Sea Link project will cut down the commute time for Mumbaikars from over 90 minutes to ten minutes. VBSL will be three times the length of the Bandra-Worli Sea Link which is 5.6 km long.
The project will further propel Reliance Infrastructure as a premier E&C company in India. Reliance’s partnership with Astaldi S.p.A, the third biggest construction player in the world in bridges, will help them create a truly world class mega infrastructure project for Mumbai. Reliance Infrastructure says that they have already completed the works related to soil investigation, in partnership with M/s. Fugro Ltd, and engineering design, in partnership with M/s. Dar Al Handasah,
In a statement, Reliance mentioned Astaldi S.p.A is the world’s third largest player in bridge construction. The largest order executed by them is Izmit Bay Bridge (Gebze-OrhangaziIzmir Motorway Project) in Turkey with US$7 billion (Rs. 45,500 crore) investment for the entire project. It is the fourth longest suspension bridge worldwide that was completed in April 2016.
Reliance Infrastructure Ltd, through its SPVs has executed a portfolio of infrastructure projects such as a Metro rail project in Mumbai on build, own, operate and transfer (BOOT) basis; and eleven road projects with total length of about 1,000 km on build, operate and transfer (BOT) basis.