Montecarlo Ltd. (MCL) on Tuesday emerged as the lowest bidder to construct 35.766 km Phase 3 Package 1 of the 280.8 km Bangalore Satellite Town Ring Road (NH-948A) project.
This 4-6 lane partially access-controlled under construction highway around Bangalore will have an alignment connecting 12 towns of Dobbasapete, Doddaballapura, Devanahalli, Sulibele, Hoskote, Sarjapura, Attibele, Anekal, Tattekere, Kanakapura, Ramanagara and Magadi.
It is being built in 3 parallel phases and involves construction of NH-948A and realignment of existing NH-648 (old NH-207). Phase 3’s Package 1 lies entirely in Tamil Nadu and will connect Belagondapalli with the Karnataka – Tamil Nadu Border, south-east of the city.
National Highways Authority of India (NHAI) invited tenders for this package’s construction in December 2021 with a Rs. 998.73 crore estimate and 2 year deadline. Technical bids were opened on March 9 to reveal 6 bidders.
Financial Bid Values
|Firm||Bid (Rs. crore)|
|G R Infraprojects Ltd.||1000|
|Dilip Buildcon Ltd.||1048|
|Dineshchandra R Agrawal Infracon Pvt. Ltd.||1199|
|Megha Engineering and Infrastructures Ltd.||1212.26|
|KNR Constructions Ltd.||1234|
Brief Scope: Construction of STRR (West side) NH948A Balagondapalli (Tamil Nadu) to Karnataka or Tamil Nadu border from km 144.170 to km 179.936 in the state of Tamil Nadu on Hybrid Annuity Mode under Bharatmala Pariyojana
MCL’s bid of Rs. 927 crore was well below Rs. 998.73 crore, so a contract should be awarded in the coming weeks.
I hear financial bids for Phase 3’s Package 2 (TN/KA Border (Km 0.000) to Hoskote (Km 20.900)) have also been opened. If someone has its results, leave a comment below or shoot me a mail here.
This under construction project has 9 packages. Design details and a list of all civil packages & their status can be viewed here.
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