Mumbai CSMT revamp set to be on track; Ahluwalia Contracts lowest bidder

The redeveloped structure will be a green building with solar energy and waste management system, among other features

After years of regulatory obstacles and delays, the redevelopment of Mumbai’s Chhatrapati Shivaji Maharaj Terminus (CSMT) is one step closer to taking shape.

Ahluwalia Contracts emerged the lowest bidder for the project at Rs 2,450 crore, Business Standard has learnt.

The construction company is up against three major players — NCC, Larsen & Toubro (L&T), and Afcons Infrastructure.

Sources said Ahluwalia’s bid was significantly lower than the other three.

They added that NCC submitted a bid of approximately Rs 3,700 crore, Afcons valued the project at Rs 3,900 crore while L&T made a bid of about Rs 4,100 crore.

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