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Mumbai’s Coastal Road Project: HCC and HDC Collaboration Sets New Infrastructure Standards

11 March 20243 mins read by Angel One
Mumbai's Coastal Road, inaugurated by CM Eknath Shinde, opens a 10.5 km stretch for traffic from Worli to Marine Drive, promising reduced travel times and enhanced connectivity.
Mumbai’s Coastal Road Project: HCC and HDC Collaboration Sets New Infrastructure Standards
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On Monday, March 11, 2024, Maharashtra Chief Minister Eknath Shinde inaugurated the first phase of the coastal road between Worli and Marine Drive in south Mumbai. The coastal road, which is a 10.5-kilometre-long stretch, will be opened for traffic from Tuesday. Motorists can enter the coastal road from Worli Seaface, Haji Ali interchange and Amarson’s interchange points and exit at Marine Lines.

Details About Mumbai’s Coastal Road Project

The ambitious coastal road project in Mumbai was started on October 13, 2018, and its projected cost was ₹12,721 crore. During the inauguration, the Chief Minister of Maharashtra stated that a world-class Central Park spread over 300 acres would come up along the road. He further named the coastal road as Dharmaveer Sambhaji Maharaj Coastal Road. He called the coastal road an “engineering marvel”.

The second phase of the project will be opened to traffic in May 2024. The new coastal road will be connected to the Bandra-Worli Sea Link, and from there onwards, it will be extended up to Dahisar. According to the Chief Minister of Maharashtra, the 53-km-long coastal road will help motorists save fuel and time and also reduce pollution.

Currently, a commute between Worli and Marine Drive under normal traffic conditions takes 35 to 40 minutes. While the new coastal road will bring it down to less than 10 minutes. Starting Tuesday, March 12, 2024, the coastal road will be open for cars and buses. All other vehicle types, such as two-wheelers and three-wheelers, are restricted.

Companies Involved in This Project

The Coastal Road project in Mumbai is a joint venture between Hindustan Construction Company (HCC) and Hyundai Development Corporation (HDC). The scope of work in this project includes the design and construction of roads, bridges, and interchanges, including reclamation and associated works.

Hindustan Construction Company Limited is involved in the construction and engineering of large infrastructure projects. The company’s core capabilities are in design, engineering and execution, which highly focus on complex projects of national importance. They work in important areas like power, transportation, marine, industrial and water. Hindustan Construction has delivered several engineering marvels. The company’s contribution to India’s infrastructure landscape comprises 26% of the country’s hydropower capacity, more than 60% of India’s nuclear power generation capacity, 395 bridges, 360 km of complex tunnelling and 4,036 lane km of roads and expressways. On Monday, March 11, 2024, the share price of Hindustan Construction Company closed at ₹37.10.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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