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)|
|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.
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