Delay in sea link project: MSRDC decides to impose penalty on contractor

Dissatisfied with the response of Reliance Astaldi JV over the reasons for the delay in the Versova Bandra Sea Link Project, the Maharashtra State Road Development Corporation (MSRDC) has decided to impose a penalty — which could be as high as Rs 3.5 crore per day — on the contractor for its failure to adhere to the project timeline.

The Indian Express on September 3 had reported that the MSRDC had issued a showcause notice to the contractor seeking an explanation for the delay in work. The 17.7-km long Bandra-Versova Sealink is being built by Reliance Astaldi, which was awarded the contract in June 2019. The entire work was to be completed by 2025.