The fate of the Worli-Haji Ali Sea Link contract remained undecided on Wednesday as a Cabinet meeting did not take up the matter for discussion, with a subcommittee on infrastructure to take a decision.
The subcommittee is scheduled to meet Thursday and a decision is likely then, said sources in the Maharashtra State Road Development corporation(MSRDC). It would be the last opportunity for the state government to award the project to the current lowest bidder, since the validity of the bid expires on February 28.
The bids for the 4.7-km extension of the Bandra Worli Sea Link were opened on February 4, 2009, and have been awaiting Chief Minister Ashok Chavan’s clearance for eight months. A Reliance Infrastructure Ltd-led consortium emerged the frontrunner to bag the contract with its lowest quote: a Viability Gap Fund (VGF) of Rs 1,392 crore.
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