An out of this world experience...

This is what most people expected from the Bandra-Worli sealink when it was showcased to the Mumbaikers last week. However, all those expectations seem to have been washed down the drain, in the early days itself. What’s more, it has started to give nightmares to its makers and even the government. One of the major reasons for the same is that this bridge over the sea has not achieved the kind of traffic it was supposed to get. A survey done by Mumbai Transformation Support Unit of the All India Institute of Local Self Government had shown that around 75,000 passenger car units were supposed to use the sealink on a daily basis, but till now only 32,000 are actually doing the same.

One of the reasons, why people are shying away from using this sealink is that it was build with an objective to reduce traffic congestions and the traveling time. As a matter of fact, in a report given to 4Ps B&M, HCC showed the kind of technology and planning that had gone in making the link and how it would reduce the traffic time for the Mumbaikars to just 7-8 minutes from 40 minutes between these two places. But, jams and chaos that are being caused on the link are actually ending up wasting more time standing on the bridge. Experts also believe that since the link does not cover the western shores, it’s not proving as useful as it was expected .

Moreover, as it’s built on a public private partnership (PPP) basis, it shows some of the biggest loopholes that are present in PPP projects. It’s not that there are any shortcomings in building this sealink, but the time, energy and cost that has been invested in its making has been more than expected. The deal was awarded to HCC way back in 2000, but the Bandra-Worli sealink has shown extensions both on the cost as well as time side. The project was expected to end in 2004, but it took five extra years to finish it and open up for public use. The cost of the project also surpassed its expected level of Rs.300 crore to reach a whopping Rs.1,600 crore.

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Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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