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BMC tenders ₹3,000 crore for Gargai dam construction

market hours1 source ↓written by the desknot a recommendation

tender
₹3,000 crore
of water
440–450 MLD
to the Modak
1.6km tunnel
is targeted
2029
on Gargai River
69-metre-high dam

The Brihanmumbai Municipal Corporation (BMC) has issued a ₹3,000 crore tender for the construction of the Gargai dam in Palghar, Maharashtra. This project aims to supply 440–450 MLD of water to Mumbai and includes a 1.6km tunnel to the Modak Sagar reservoir. Completion is targeted by 2029, enhancing the city's water security.

This initiative is expected to boost infrastructure and construction sectors, with significant implications for local economies and water management.

• 69-metre-high dam on Gargai River

• Relocation of six villages and compensatory afforestation

• Installation of a hydropower unit

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Dec 2025, 10:24 IST.

Sourcesnews.google.com

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