J Kumar Infraprojects was today declared as the lowest bidder to construct 5.096 km Package 2 of the 19.88 km Chennai Port – Maduravoyal Expressway project in Tamil Nadu.
This 4 lane project by National Highways Authority of India (NHAI) involves construction of a double-decker access-controlled elevated highway along Cooum River. Its foundation stone was laid by Prime Minister Narendra Modi in May 2022 under Bharatmala Pariyojana program with an estimated cost of Rs 5,855 crore.
Package 2 connects km 4.604 to km 9.700. NHAI had invited tenders for its construction in July 2022 with a 910 day construction deadline and Rs. 1208.94 estimate. Technical bids were opened in April to reveal 6 bidders.
Financial Bid Values
|Firm||Bid (Rs. Crore)|
|J. Kumar Infraprojects Ltd.||1015.00|
|DRA Infracon Pvt. Ltd.||1139.00|
|G R Infraprojects Ltd.||1157.47|
|Ramalingam – Braithwaite JV||1178.75|
|Afcons Infrastructure Ltd.||1183.50|
|Transrail Lighting Ltd. – Evrascon JV||1198.00|
J Kumar’s bid of Rs. 1015 crore was 16.04% below NHAI’s estimate, so a contract should be awarded in the coming weeks without a long financial bid evaluation period.
Per Nitin Gadkari’s recent tweet, “completion of this project is expected to alleviate traffic congestion in Chennai by segregating local traffic movement onto one tier of the Elevated highway. Additionally, it will double the handling capacity of the port, reduce waiting times at the port, and decrease travel time for vehicles bound for the port by an hour.”
Here are a few renders prepared by L&T Infra Engineering shared by Nitin Gadkari:
Financial bids for the other 3 packages (1, 3 & 4) haven’t been opened yet. The project’s information page with a list of all packages and their status can be viewed here: Chennai Port – Maduravoyal Expressway – Information & Status
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