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Mumbai: MSRDC looks for agency to replace bearings, joints of JVLR and Aarey flyovers

Mumbai: MSRDC looks for agency to replace bearings, joints of JVLR and Aarey flyovers The Maharashtra State Road Development Corporation (MSRDC), which takes care of a few flyovers in Mumbai, has proposed to replace bearings and expansion joints of Jogeshwari Vikroli Link Road (JVLR) on Eastern Express Highway (EEH). Similarly, on Western Express highway (WEH) it wants to replace bearings and expansion joints of Aarey, National Park and Dattapada flyovers. It has floated tenders looking for an experienced agency to carry out the said flyover improvement works in a period of six months from the date of awarding of contract. The cost of work amounts to Rs 17.49 crore for the WEH flyovers and 2.31 crore for the JVLR flyover.

Asset monetisation will bring paradigm shift in infra augmentation: FM

March 09, 2021 Finance Minister Nirmala Sitharaman (file photo)   -  PTI× Finance Minister Nirmala Sitharaman on Tuesday said that asset monetisation needs to be viewed not just as a funding mechanism, but as an overall strategy for bringing about a paradigm shift in infrastructure augmentation and maintenance. She was chairing the National Workshop with States and Union Territories on Asset Monetisation organised by NITI Aayog. It may be noted the Budget for FY22 has laid great emphasis on asset monetisation. “Asset monetisation is based on the principle of value creation for government and investors. Our vision for infrastructure is ultimately of, for and by our States. Without whose collaboration, holistic development of infrastructure is neither feasible nor impactful,” she said.

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