Afcons Infrastructure and Navyuga Engineering gets MSRDC’s Expressway link deal
Afcons Infrastructure and Hyderabad-based Navyuga Engineering have emerged as the lowest bidders for the project building a link on the Mumbai-Pune Expressway. These firms would build the 13.3-km link which would start at Khopoli through an interchange to Kusgaon at the Pune-end of the expressway.
The link between Mumbai and Pune is set to reduce by 25 minutes which currently takes 3 hrs straight. The two wheelers and four wheelers travelling to Pune can avoid the ghat section which is the most critical part where heavy vehicles slow down the traffic.
The bids which were opened on Thursday evening are above the estimated cost of ₹5,300 crore but the Afcons Infrastructure and Navyuga Engineering bid the closest. The funding will be arranged by pledging toll to financial institutions. MSRDC is yet to obtain environmental clearance for 74.7 hectares of forest land which is needed for the link.