In a setback for Mumbai Port Trust's (MbPT) plan to construct an eight-km long ropeway between Sewri and Elephanta Island off the Arabian Sea, only two firms have shown interest to construct. The MbPT had floated expression of interest (EOI) for parties keen to construct the Rs 414 crore ropeway. Six companies had shown interest initially, but only two have submitted their interest. We had also conducted a feasibility study for the project, but the companies are also independently conducting the study." "France-based Poma and another firm named Conveyor system have shown interest.

Source: dna August 06, 2017 01:41 UTC