MSRDC was established by the Government of Maharashtra
through a resolution issued on 9th July, 1996 and
incorporated as a limited company on 2nd August, 1996
under the Indian Companies Act, 1956 and is fully
owned by the Government of Maharashtra. It has been
constituted to accelerate development of transport
infrastructure facilities in the state.
Maharashtra
being the leading industrial state of India has a very
high traffic intensity on roads due to considerably
increased growth in the industrial and commercial
sectors. MSRDC's mandate is to accelerate transport
infrastructure development in the state by overseeing
the completion of existing and new projects with the
active participation of the private sector through a
time bound program.
The
main objective of the corporation is improvement of
existing and construction of new roads, highways,
expressway etc. The corporation has been vested with
rights to collect toll / service charges and also to
commercially exploit the available land. Government of
Maharashtra is totally committed to the projects
undertaken by the corporation and has been providing
assistance in all forms to the company for the same. |