Bridges
Reliance Infrastructure and Hyundai Engineering, formed a joint venture to build the Worli-Haji Ali part of the Western Freeway. The consortium was also to toll the Bandra Worli Sea Link for 40 years. In early 2012, the Municipal Corporation of Greater Mumbai proposed constructing a 35km coastal road between Nariman Point and Kandivali. Reliance subsequently protested against this project as it claimed it would incur losses. Subsequently, the Government of Maharashtra appointed a committee to look into the matter. Later, it was reported that the MSRDC was likely to scrap the deal with Reliance due to the latter not having started construction two years after signing the agreement. Afterwards, it was announced that the deal was scrapped as the mediation report stated that it was impossible to build.
Read more about this topic: Reliance Infrastructure
Famous quotes containing the word bridges:
“And Reason kens he herits in
A haunted house. Tenants unknown
Assert their squalid lease of sin
With earlier title than his own.”
—Robert Bridges (18441930)
“to-morrow it seem
Like the empty words of a dream
Remembered on waking.”
—Robert Bridges (18441930)
“When Death to either shall come
I pray it be first to me.”
—Robert Bridges (18441930)