HG Infra & Ram Kripal Win Varanasi – Kolkata Expressway’s Contracts
The likely contractors for 2 more sections of the 610.417 km Varanasi – Ranchi – Kolkata Expressway are now known!
HG Infra Engineering Ltd. and Ram Kripal Singh Construction Pvt. Ltd. on Thursday were declared as the lowest bidders for the expressway’s package 9 and 10’s civil construction in Jharkhand.
This greenfield expressway project by National Highways Authority of India (NHAI) 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 earlier this month to reveal 15 firms had submitted bids for packages 1, 2, 3, 6, 7, 8, 9 and 10.
Package 9 (33 km)
Brief Scope: Chatra to junc with NH 100 in Deoria village (Km. 222.000 to Km. 253.000)
Estimated Cost: Rs. 872.27 crore
|Firm||Bid (Rs. Crore)|
|Ram Kripal Singh Construction Pvt. Ltd.||961.94|
|G R Infraprojects Ltd.||1158.37|
|HG Infra Engineering Ltd.||1159.11|
|IRB Infrastructure Developers Ltd.||1368|
Package 10 (35.6 km)
Brief Scope: Deoria village to Donoreshan village (Km. 253.000 to Km. 288.600)
Estimated Cost: Rs. 998.36 crore
|Firm||Bid (Rs. Crore)|
|HG Infra Engineering Ltd.||1103.11|
|G R Infraprojects Ltd.||1325.77|
|IRB Infrastructure Developers Ltd.||1548|
The bids were 10.28% and 10.49% higher than NHAI’s estimates, but well within NHAI’s permissible limit, so contracts should be awarded in the coming weeks.
With this development, financial bids for 7 packages (1, 2, 3, 6, 7, 9 & 10) have been opened to reveal their likely contractors, while technical bid evaluation is underway for 5 packages (6, 8, 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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