The agency in charge of the Bandra-Worli Sea Link owes the contractor an estimated Rs 480 crore, the amount being disputed with issues over cost escalation pending.
The Hindustan Construction Company (HCC) completed the sea link on March 24, nearly 10 years after starting construction, and handed it over the Maharashtra State Road Development Corporation (MSRDC).
Jaydutt Kshirsagar, Minister in charge of MSRDC, said cost-escalation issues are yet to be resolved after changes in the original design. “They (HCC) have written to us about a number of issues including cost escalation. Once these issues will be resolved, the payment will be made.”
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