Dilip Buildcon Wins Raipur – Vizag Expressway’s Package CG2
Dilip Buildcon Ltd. (DBL) today emerged as the lowest bidder to construct 56.7 km package CG-2 of the 464 km Raipur – Visakhapatnam Economic Corridor (NH-130CD & EC-15), also known as Raipur – Vizag Expressway.
This new six-lane highway will have a few sections that are access-controlled with a greenfield alignment connecting the states of Chhattisgarh, Odisha and Andhra Pradesh.
Package CG-2 is the 2nd of 3 packages within Chhattisgarh, and will connect Sargi – Basanwahi from chainage km 42.800 to km 99.500.
National Highways Authority of India (NHAI) invited tenders for its construction in December 2021 with a 2 year deadline and Rs. 1203.15 crore estimate. Technical bids were opened on February 1 to reveal 7 bidders.
Financial Bid Values (lowest 5)
Firm | Bid (Rs. Crore) |
Dilip Buildcon | 1141.00 |
PNC Infratech | 1210.66 |
G R Infraprojects | 1277.16 |
DP Jain and Company Infrastructure | 1316.64 |
Dineshchandra R Agrawal Infracon | 1335.08 |
Brief Scope: Development of Six Lane Sargi-Basanwahi Section of NH-130-CD Road from km 42.800 to km 99.500 under Raipur-Visakhapatnam Economic Corridor in the state of Chhattisgarh on Hybrid Annuity Mode (Package-CG-2)
DBL’s bid of Rs. 1141 crore was well below NHAI’s estimate of Rs. 1203.15 crore, so a contract should be awarded in the coming weeks without a lengthy financial bid evaluation period.
Technical bids for Chhatisgarh’s final 25.161 km section (Package CG-3) connecting Basanwahi – Marangpuri are currently planned to be opened on March 1. Stay tuned!
Details on the Raipur – Visakhapatnam Economic Corridor along with a list of all packages and their status can be viewed here.
For more updates, check out the Expressway section or my Home Page! Sign up for free instant email notifications on new posts over here. Like this post? See how you can get early-access to updates and support the site over here.
– TMRG
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