Now Reading: Mopalwar-led firm lowest bidder for Mumbai Radio Club jetty
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Mopalwar-led firm lowest bidder for Mumbai Radio Club jetty
The Story in Brief
Modern Engineering & Projects Limited, headed by former IAS officer Radheshyam Mopalwar, has quoted Rs 204.99 crore to build a passenger and tourism jetty near Mumbai’s Gateway of India. The bid is 4.41 per cent below the estimated cost and must be approved by the Maharashtra Maritime Board’s board before a work order is issued.
The project has state administrative approval of Rs 229.28 crore and is being implemented under the Centre’s Sagarmala programme. The contractor will have 24 months to finish the work. The new facility will include 10 berthing jetties, an 80-metre-by-80-metre terminal platform and passenger amenities. Existing Gateway jetties handle around 30 to 35 lakh passengers and tourists each year.
The Indian Opinion
The easy story is that a lower bid automatically means value for money, or that a former bureaucrat’s company winning the tender proves favouritism. Neither conclusion follows from the facts available. The earlier contractor’s agreement was terminated after the Maharashtra Maritime Board said progress was inadequate, so delivery matters as much as price. The practical test is whether the board records a clean approval and the replacement contractor completes the jetty within 24 months without another delay.
Source: hindustantimes.com
This story was synthesised by AI from the source linked above.
