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MbPT eyes Rs 500 cr for 5-hectare land

The port trust is asking for the exorbitant amount or for 25 acre of land in lieu of the plot they would be providing to MMRDA for the construction of the Mumbai Trans Harbour Link

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The construction of the Sewri-Nhava Sheva Sealink has hit another roadblock. The Mumbai Port Trust (MbPT) is eyeing Rs 500 crore or 25 acres of land in lieu of the five hectares of land that is required for the Mumbai Trans Harbour Sea Link (MTHL).

According to sources, MbPT has demanded 25 acres of land or Rs 500 crore in a letter written by its chairman Rajeev Gupta recently. The proposal to allocate its land for the MTHL is likely to come up for discussion in MbPT’s board meeting scheduled on November 1, said sources.

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