Motorists using Mumbai-Nagpur Expressway might have to pay a higher toll as the estimated cost of the project’s civil construction is likely to rise.
The rise is seen as an effect of the instructions given by the state to use concrete in place of tar for the construction of the expressway. After the state's instructions to MSRDC, the cost is expected to rise to Rs 46,000 crore which includes Rs 27,000 for civil construction.
“We were informed about having the whole Expressway made of concrete cement instead of tar while the bidding process was on, and later we informed the bidders about the same,” said an MSRDC official.
“Considering the earlier cost estimate was basis on tar, the cost of each package has increased by 20-40 percent as bidders have now quoted for concrete cement road. We have sought justification from the bidders who have quoted more than our estimations,” the official added.
The official further said that the financial bids of contractors were opened a week ago. The bids for 13 packages cost around Rs 22,000 crore. The bidders have quoted higher percent of 20-40 after the decision to make concrete roads was made.
The expressway between Bhiwandi and Nagpur is divided into 16 packages and every package will be constructed by a different contractor.
MSRDC plans to collect the toll of Rs 2.5 per km for small vehicles and Rs 6.5 per km for heavy vehicles. The whole journey will cost around Rs 1,700 and Rs 4,600 respectively. MSRDC plans to collect toll for around 40 years.
Information Source: zeebiz
Title Image Source: zeebiz