PNC Wins Varanasi – Kolkata Expressway’s Package 6 in Bihar
PNC Infratech on Tuesday was declared as the lowest bidder for 35.2 km Package 6 of 610.417 km Varanasi – Ranchi – Kolkata Expressway in Bihar.
This is PNC’s third win for this greenfield expressway project by National Highways Authority of India (NHAI) which will be built at an estimated cost of Rs. 28,500 crore under the Bharatmala Pariyojna (BMP) program.
Its 6 lane alignment will run parallel to National Highway NH-19 (old NH-2) and link Varanasi Ring Road in Uttar Pradesh’s Barhuli village to NH-16 near Uluberia in West Bengal’s Howrah District via Bihar and Jharkhand.
NHAI had began inviting tenders (bids) for construction contracts under Hybrid Annuity Mode (HAM) in November 2022 with 2 year deadlines. Technical bids were opened on March 3 to reveal 5 firms had submitted bids for package 6.
Financial Bid Values
Scope: Pachmon village to Anarbansalea village (KM. 116.000 to KM. 151.200)
Estimated Cost: Rs. 1035 crore
|Firm||Bid (Rs. Crore)|
|MG Contractors Pvt. Ltd.||1399.00|
|Dineshchandra R Agrawal Infracon Pvt. Ltd.||1436.00|
|G R Infraprojects Ltd.||1480.57|
|IRB Infrastructure Developers Ltd.||1548.00|
PNC’s bid was 21.74% higher than NHAI’s estimate, so this package will head to the negotiation table for contract finalization.
With this development, financial bids for 5 packages (1, 2, 3, 6 & 7) have been opened to reveal their likely contractors, while technical bid evaluation is underway for 7 packages (6, 8, 9, 10, 11, 12 & 13).
A complete list of Varanasi – Kolkata Expressway’s packages, their scope and contractor status can be viewed here.
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