Russia-Ukraine war sends bridge construction cost in Mumbai straight through the roof

The BMC may have to shell out 25 per cent more than its estimated cost to build bridges. The civic body has started the construction of 21 bridges in the city at an estimated cost of Rs 2,500 crore, which will now rise by more than Rs 500 crore

The impact of the Russia-Ukraine war on the prices of raw material for construction means the BMC may have to shell out 25 per cent more than its estimated cost to build bridges. The civic body has started the construction of 21 bridges in the city at an estimated cost of Rs 2,500 crore, which will now rise by more than Rs 500 crore.

https://www.mid-day.com/mumbai/mumbai-news/article/russia-ukraine-war-sends-bridge-construction-cost-straight-through-the-roof-23228964?homenewsforyou

Source – Mid – Day