 "RInfra- Astaldi JV wins EPC order for Rs 70 bn-Versova-Bandra sea link")
Anil Ambani-promoted Reliance Infrastructure on Monday said it has won the engineering, procurement and construction (EPC) contract for the Versova-Bandra Sea Link Project in a joint venture with Astaldi SpA (Italy) for a value of Rs 70 billion.
"Reliance Infrastructure Limited-Astaldi SpA JV had emerged the most competitive bidder with their bid of Rs 69.93 billion. Other bidders in the fray were L&T-Samsung JV and Hyundai Development Company-ITD JV," RInfra said in a statement. The letter of award (LoA) for the project has been issued by Maharashtra State Road Development Corporation (MSRDC).
With a length of 17.17 km, Versova-Bandra Sea
