Megha Engineering beats L&T to bag Rs14,400-crore Thane-Borivali twin tunnel project: MMRDA head
MEIL was the lowest bidder at Rs 7,464 crore for ‘Package 1’ which entails designing and construction of 5.75 kilometers from the Borivali side for the twin tunnel project. L&T’s bid for ‘Package 2’ was Rs 6,625 crore but it was rejected as the amount would have been higher to factor in the taxes, officials said.