Industrialist Anil Ambani met Maharashtra Chief Minister Prithviraj Chavan in the backdrop of reports

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that the Maharashtra State Road Development Corporation (MSRDC) was mulling a coastal road from Worli to Haji Ali and from Haji Ali to Nariman Point.

The meeting assumes significance as a consortium between Ambani-led Reliance and Korea's Hyundai last year won the Rs 5,000 crore contract to extend the Bandra-Worli Sealink till Haji Ali.

The consortium was unable to tie up funds by the December, 2010, deadline and sought a three-month extension for the same.

The coastal road option is being discussed to save cost.

MSRDC sources say the coastal road option will help save the government over Rs 3,000 crore.

An official from Chavan's office said the one-on-one meeting between Chavan and Ambani took place at the state government's Sahyadri guest house here last night and lasted around half an hour.

The official, however, declined to divulge details of what transpired at the meeting.