BMC issues ₹3,000 cr tender for Gargai dam construction
pre-market1 source ↓written by the desknot a recommendation
- tender
- ₹3,000 crore
- will include
- 1.6 km tunnel
- to Mumbai
- 440 million litres per day
- is targeted
- 2029
The BMC has issued a ₹3,000 crore tender for the construction of the Gargai dam in Palghar, which will include a 1.6 km tunnel. Once operational, the dam is expected to supply 440 million litres per day to Mumbai, marking the city's first new reservoir since 2014. Completion is targeted for 2029, aligning with upcoming elections.
This project may boost infrastructure investment sentiment and impact related sectors significantly.
Not investment advice. For informational purposes only.