10/05/2012 - Myclipp

Business Line/ - Markets, Qui, 10 de Maio de 2012
CLIPPING INTERNACIONAL (Supreme Court)
Maharashtra appoints committee to
decide on sea link project
Maharashtra Government has not yet taken any
decision on scrapping the contract with Reliance
Infrastructure for the Worli-Haji Ali Sea Link but will
decide on the fate of the project after a committee
dealing with the issue submits its report, Public
Undertakings Minister, Mr Jaydutt Kshirsagar, said.The
Government has appointed the committee headed by
retired Supreme Court judge, Mr B.P. Singh, which
would deal with all the issues concerning the
project.Reliance Infrastructure is reportedly not keen to
go ahead with the sea link project if the coastal road
project materialises, as in that case many people might
not be inclined to use the sea link and wants an
assurance from the State Government that it would not
initiate the coastal road project.To a specific question
on whether Worli-Haji Ali sea link will be scrapped if
the coastal road project gets a green signal from the
Union Environment Ministry, the Minister said, "the
Government will take a final decision after the
committee report is received."In 2010, the contract for
building the sea link project was awarded to Reliance
Infrastructure and Hyundai Engineering and a new
company called Reliance Sealink was set up. This
company entered into a contract with Maharashtra
State Road Development Corporation. The five-km
stretch was to be constructed at a cost of Rs 5,100
crore.
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