Atal Setu Mumbai Construction Stocks to Buy Now In 2024

PM Modi will inaugurate the new Atal Setu Bridge on 12 January 2024. It will cut the time taken to travel from Mumbai to Navi Mumbai. Amid Atal Setu Mumbai inaugural ceremony stock market enthusiasts are curious to know Atal Setu stocks to buy now. It is cut shot to 20 minutes from 2 hours. The bridge will cover 16.5 km on the sea with 5.50 kilometers on land. It involves ₹21,200 crores in construction. The bridge made history as the longest bridge in India. It is also the 12th longest bridge in the world.

Atal Setu Mumbai

Atal Setu Mumbai: Stocks in Focus, Industries to Get Benefit

PM Modi will inaugurate the Atal Setu Mumbai Bridge on 12 January 2024. The bridge will reduce the travel time between Mumbai and Navi Mumbai. During this historic moment, everyone is excited to know Atal Setu Mumbai construction stocks. But before this, let’s discuss interesting facts about this longest bridge. As per the info, it will also lead to a faster route to the upcoming Navi Mumbai International Airport. It will be a six-lane sea link bridge. The bridge will start from Sewri, Mumbai, ending at Nhava Sheva, Uran, and Raigad. There will be different toll charges upon the different vehicles’ passage.

The passenger car’s toll will be ₹250 for one way. However, there will be different rates for the people traveling back and traveling daily. The maximum speed for the vehicles will be 100km/hour. The speed upon entry and exit from the bridge is 40km/hour. The two-wheelers like bikes and scooters won’t be allowed on the bridge. Four-wheelers like tractors will also not be allowed on the bridge. Four-wheelers like minibusses, cars, taxis, etc, can utilize the pathway for easy commute.

Atal Setu Bridge’s Design Companies

Atal Setu Mumbai Bridge weighs around 500 Boeing planes. It is constructed to carry 70,000 vehicles daily. The bridge took many years for planning and commencement. It uses 1,77,903 metric tonnes of steel with 5,04,253 metric tonnes of cement. There will be the following companies included in the construction. The company involved in its design are:

  1. Canadian Consultant
  2. McElhanney Consulting Services Ltd.

Atal Setu Mumbai Construction Stocks Listed Companies

The companies mentioned above play a vital role in constructing the Atal Setu Mumbai Bridge. Some companies are involved in constructing the Atal Setu Mumbai like Border Roads Organization, SP Singla Constructions Pvt. Ltd, IRCON and Infinity. But only two are listed in the Indian stock market. The following are the companies listed on Shar Market among them:

  1. IRCON International Limited
  2. Infinity

The bridge weighs 17 times more than the weight of the Eiffel Tower. The bridge is said to be a unique one. It is the longest bridge in India. The toll prices will be revised after one year of its inauguration. We hope you get enough details about Atal Setu Bridge construction companies.

Leave a Reply

Your email address will not be published. Required fields are marked *