Pune Ring Road: MEIL, NECL, GRIL, PNC & RSIIL Win Contracts
Five civil engineering firms on Tuesday were declared as the lowest bidders for 9 construction contracts of the 136.80 km Pune Ring Road project after financial bids were opened.
The winners list includes Megha Engineering and Infrastructures Ltd. (MEIL), Navayuga Engineering Company Ltd. (NECL), GR Infraprojects (GRIL), PNC Infratech, and Roadway Solutions India Infra (RSIIL).
Pune Ring Road will be developed as a 4-6 lane access-controlled highway by Maharashtra State Road Development Corporation (MSRDC). Its construction will be carried out under 12 packages (E1, E2, E3A & E3B, E4, E5, E6, E7, W1, W2, W3, W4 & W5) through the taluks of Khed, Haveli, Purandhar, Bhor, Mulshi and Maval.
MSRDC had invited RfQ applications for Pune Ring Road’s civil construction in April 2023 and opened bids in June 2023 to reveal 28 firms had submitted applications. 18 of those firms qualified to the next RfP round in December 2023.
MSRDC then invited price bids from those 18 firms in January 2024 with a construction deadline of 900 days. In April 2024, they received 26 bids from 12 firms.
Financial Bid Values
Here are the financial bid values for each package. Megha Engineering and Navayuga Engineering each won 3 packages, while PNC Infratech, GR Infraprojects and Welspun each won 1 package.
Package E1
- Length: 11.85 km
- Chainage: 0.650 to 12.500 – Village Urse to Village Indori in Mawal Tahsil
- Estimated Cost: Rs. 1805 crore
| Firm | Bid (Rs. Crore) |
| Megha Engineering | 2524.92 |
| Navayuga Engineering | 2633.00 |
Package E2
- Length: 13.80 km
- Chainage: 12.500 to 26.300 – Indori to Chimbali Tq Mawal and Khed
- Estimated Cost: Rs. 1706 crore
| Firm | Bid (Rs. Crore) |
| PNC Infratech | 2486.00 |
| Welpsun | 2548.90 |
| HG Infra | 2586.11 |
| Larsen & Toubro | 2612.80 |
| J Kumar Infra | 2626.00 |
Package E3A & E3B
- Length: 21.20 km
- Chainage: 26.300 to 47.500 – PRR E3A: Chimbali to Solu Tq Khed; PRR E3B: Solu to Lonikand Tq Khed and Haveli
- Estimated Cost: Rs. 1991 crore
| Firm | Bid (Rs. Crore) |
| Megha Engineering | 2756.86 |
| Navayuga Engineering | 2855.00 |
Package E4
- Length: 24.50 km
- Chainage: 47.500 to 72.000 – Village Lonikand Near Village Walti Tq Haveli
- Estimated Cost: Rs. 1732 crore
| Firm | Bid (Rs. Crore) |
| Roadway Solutions | 2251 |
| GR Infra | 2316.07 |
| APCO Infratech | 2342 |
| PNC Infratech | 2396 |
Package W1
- Length: 14.65 km
- Chainage: -0.650 to 14.000 – Urse to Village Kemsewadi in Tq Maval Mulshi
- Estimated Cost: Rs. 1904 crore
| Firm | Bid (Rs. Crore) |
| Megha Engineering | 2661.79 |
| Navayuga Engineering | 2775.00 |
Package W2
- Length: 20.00 km
- Chainage: 14.000 to 34.000 – Village Kemsewadi to Village Morewadi in Tq Mulshi
- Estimated Cost: Rs. 1975 crore
| Firm | Bid (Rs. Crore) |
| Navayuga Engineering | 2702 |
| Afcons Infrastructure | 2824 |
| Megha Engineering | 2884 |
Package W3
- Length: 14.00 km
- Chainage: 34.000 to 48.000 – Morewadi to Village Vardade Khamgaon Maval in Tq Mulshi and Havel
- Estimated Cost: Rs. 1980 crore
| Firm | Bid (Rs. Crore) |
| Navayuga Engineering | 2696 |
| Megha Engineering | 2812 |
| Afcons Infrastructure | 2874 |
Package W4
- Length: 7.50 km
- Chainage: 48.000 to 55.500 – Vardade Khamgaon Maval to Village Kalyan Rahatwade in Tq Haveli
- Estimated Cost: Rs. 1992 crore
| Firm | Bid (Rs. Crore) |
| Navayuga Engineering | 2724 |
| Afcons Infrastructure | 2823 |
Package W5
- Length: 9.30 km
- Chainage: 55.500 to 64.800 – Kalyan Rathwade to Shivare Kusgaon Phase Tq Haveli Bhor
- Estimated Cost: Rs. 1533 crore
| Firm | Bid (Rs. Crore) |
| GR Infra | 1997.07 |
| Gawar | 2089.00 |
| HG Infra | 2122.11 |
The lowest bid for each package’s construction was significantly higher than MSRDC’s estimate, so we’ve reached a deadlock which can take months to resolve. For instance – in Package E1, Megha Engineering’s bid was 39.88% higher than MSRDC’s estimate. Similarly in Package E2, PNC’s bid was 45.72% higher.
There’s no room for negotiations without altering scope or quality. It remains to be seen if MSRDC will bite the bullet (by revising their budget) and award contracts to get work started OR will scrap the entire process and re-invite bids.
MSRDC on Tuesday also opened bids for 5 other expressway projects – and things don’t look too bright for them either. Check out each link below for a list of winners:
- 126 km Virar – Alibaug Multi-Modal Corridor (VAMMC) around Mumbai
- 179.85 km Jalna – Nanded Expressway
- 127 km Nagpur – Gondia Expressway
- 182 km Nagpur – Chandrapur Expressway
- 156 km Bhandara – Gachiroli Expressway’s Package BG-01
For more updates, check out the Expressway section or my Home Page! Sign up for free instant email notifications on new posts over here. Get early-access to updates and support the site over here.
– TMRG
Is this PQC road?
Yes.. it is PQC road
Any news regarding nasik phata to khed elevated project ?? Last it was heard that bids were called in way feb 2024. After that hardly any news. Can you also update on kharadi shirur ahmednagar road elevated corridor.
Long overdue, compared to other IT h ubs , which already have Ring Roads. Now Pune needs a greenfield international airport to come close to bangalore, hyderabad, chennai…
What About Nagpur Gondhia & Bhandara Gadchiroli Packages
opened yesterday
All Road Per Km Avg cost 100 to 120 Cr… is it glod plated road or full elevated flyover.
In case of W4 Package 200 cr/km.
5th class math or cost breakup is sufficient to understand about why all want to be CM Of MH.
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I’m a Civil Engineer with 7 year experience in highway engineering. Any job vacancy in Pune ring road please let me inform my email ID – [email protected] and 8626037036