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The Rs 11,000-crore six-lane road project, which includes a nearly 11km-long twin tube tunnel, is expected to reduce travel time between Thane and Borivali to 15-20 minutes from 1.5 hours
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PP Reddy, a self-made billionaire, built Megha Engineering from small pipes to mega-infrastructure.
The twin-tunnel project has been split into two packages and only two companies evinced interest in bagging both these packages when the Mumbai Metropolitan Region Development Authority (MMRDA) called for quotations from infrastructure companies.
The government is keen to start work on the project before monsoon. On completion, it will reduce the travel time from Thane to Borivali from 60 minutes to 15-20 minutes.