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InfrastructureMedium impactAfter close

Mumbai tunnel contract proposal faces BMC scrutiny

after close1 source ↓written by the desknot a recommendation

underground tunnel project
₹2,241 crore

A proposal for a ₹2,241 crore underground tunnel project in Mumbai has hit a snag as the BMC civic committee demands further scrutiny. Concerns over the tendering process and project costs led to the deferral of approval, potentially delaying the project’s timeline. This infrastructure initiative aims to enhance east-west connectivity and alleviate traffic congestion in the city.

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 27 Jul 2026, 16:06 IST.

Sourcesnews.google.com

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