BMC finalizes ₹11,166 crore desalination plant deal
pre-market1 source ↓written by the desknot a recommendation
- a deal worth
- ₹11,166 crore
- its bid
- ₹494 crore
- above the base
- 26%
The BMC has finalized a deal worth ₹11,166 crore with GVPR Engineers for a desalination plant in Manori. After negotiations, GVPR reduced its bid by ₹494 crore, having initially quoted 26% above the base price.
This project is significant for addressing water scarcity in Mumbai, potentially impacting related sectors such as Infrastructure and Water Management.
Not investment advice. For informational purposes only.