Nariman Point-Borivli sea route will open in 18 months: MSRDC

Mumbai: For long, the Maharashtra State Road Development Corporation (MSRDC) has been hoping to set up a sea route from Nariman Point to Borivli. It got the much-needed boost after the government agreed to sign the state support agreement. Now, with many private bidders showing interest in the Rs1,200-crore project, the MSRDC said that it was hoping to start the services in the next one and half years.
Public works department (public undertakings) minister Jaydatta Kshirsagar said that with major hurdles the project should kick off in near future. “With the government agreeing to the state support deal, the bidders will get government guarantee against the money they raise for the project,” he said. “We have also assured the bidders that we will share the responsibility of ensuring safety of the network of various utilities underneath the sea bed. Earlier, the onus had been on the bidders alone.”