In a significant development for Maharashtra's infrastructure, seven civil engineering firms have emerged as the lowest bidders for 11 construction contracts of the Virar Alibaug Multi-Modal Corridor (VAMMC) project.

Announced on May 21, 2024, these firms include Larsen & Toubro Limited (L&T), Navayuga Engineering Company (NECL), Oriental Structural Engineers (OSE), IRCON International Limited, J Kumar Infraprojects (JKIL), Megha Engineering & Infrastructures Limited (MEIL), and Welspun Enterprises (WEL).

The VAMMC, an ambitious project spearheaded by the Maharashtra State Road Development Corporation (MSRDC), aims to develop an 8 to 14-lane access-controlled highway that will significantly enhance connectivity across three districts: Raigad, Thane, and Palghar.