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The Bombay High Court accepted application submitted by the LTSE consortium over the Mumbai Monorail dispute raised between the Mumbai Metropolitan Regional Development Authority (MMRDA) and the consortium comprising L&T and Scomi Engineering (LTSE).
The court has considered LTSE’s application for appointment of an arbitrator to decide upon the Mumbai Monorail dispute over the issue of cost escalation. The project cost has gone up high from original estimate of Rs 1,800 crore to Rs 3,000 crore.
The LTSE is demanding an additional compensation of Rs 1,707 crore for cost overruns arising out of delays related to right way, environmental and other permissions ,and rehabilitation of project affected persons, while the MMRDA had rejected these claims and cited the inability of the contractor to complete the project on time .
Read Also: Plight of Mumbai Monorail – Public Money at High Risk
The high court justice GS Kulkarni accepted the L&T Scomi’s application and rejected the application made by MMRDA contention. The retired chief justice of Punjab and Haryana High Court will act as arbitrator for L&T Scomi. While the Bombay High Court justice will be arbitrator for MMRDA and HC will appoint the presiding arbitrator in due course.
Read Also: Mumbai Monorail running with huge loss, cancels 40% trips daily
The Mumbai Monorail project has faced issues of cost overruns and delays since inception. It was awarded in 2007 and was to be started by 2010. In February 2014, monorail service was started on a 8.8 km stretch between Chembur and Wadala route. The second phase of the project was started in 2017 but even after seven extension L&T Scomi were not able to commission the entire line. In December 2018, MMRDA scrapped the contract with L&T Scomi and took over the operation but this year in March it was finally thrown open to public.
This article first appeared on urbantransportnews.com
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