MSRDC selects Cidco to build Rs 2,195-cr KTLR road project
The KTLR project aims to reduce travel time by about 30 minutes for motorists from Mumbai, Thane, and Navi Mumbai. It will begin from Turbhe and end at Kharghar, passing through Juinagar via hills. This will allow motorists to directly reach Kharghar, bypassing the Sion-Panvel Highway, Thane-Belapur Road, and Palm Beach Road. The project will improve east-west connectivity within Navi Mumbai and other regions of the Mumbai Metropolitan Region.
The project involves the construction of a tunnel through the hill that separates the two nodes. The Detailed Project Report (DPR) has been prepared by MSRDC, and CIDCO will conduct its peer review. According to Sanjay Mukherjee, Vice-Chairman and MD of CIDCO, the agency has taken critical steps to secure forest clearance for the KTLR project, ensuring complete compliance with all applicable statutory clearances.
CIDCO has taken up many critical infrastructure projects, such as the Chennai Peripheral Ring Road Project-Section II, III & IV, Madurai Ring Road, and the construction of the Oragadam Industrial Corridor Project. CIDCO also manages minor ports that provide allied facilities to promote export-oriented and port-based industries. The state-owned Poompuhar Shipping Corporation will transport coal to various thermal plants along the East Coast of India to cater to the increasing traffic in the southern states and support domestic and international trade.