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 9 packages (E1, E2, E3A & E3B, E4, 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
FirmBid (Rs. Crore)
Megha Engineering2524.92
Navayuga Engineering2633.00

Package E2

  • Length: 13.80 km
  • Chainage: 12.500 to 26.300 – Indori to Chimbali Tq Mawal and Khed
  • Estimated Cost: Rs. 1706 crore
FirmBid (Rs. Crore)
PNC Infratech2486.00
HG Infra2586.11
Larsen & Toubro2612.80
J Kumar Infra2626.00

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
FirmBid (Rs. Crore)
Megha Engineering2756.86
Navayuga Engineering2855.00

Package E4

  • Length: 24.50 km
  • Chainage: 47.500 to 72.000 – Village Lonikand Near Village Walti Tq Haveli
  • Estimated Cost: Rs. 1732 crore
FirmBid (Rs. Crore)
Roadway Solutions2251
GR Infra2316.07
APCO Infratech2342
PNC Infratech2396

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
FirmBid (Rs. Crore)
Megha Engineering2661.79
Navayuga Engineering2775.00

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
FirmBid (Rs. Crore)
Navayuga Engineering2702
Afcons Infrastructure2824
Megha Engineering2884

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
FirmBid (Rs. Crore)
Navayuga Engineering2696
Megha Engineering2812
Afcons Infrastructure2874

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
FirmBid (Rs. Crore)
Navayuga Engineering2724
Afcons Infrastructure2823

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
FirmBid (Rs. Crore)
GR Infra1997.07
HG Infra2122.11
Alignment of Pune Ring Road and its 2 sections (WRR and ERR) – via MSRDC

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:

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.


written by

Global traveler who prefers mass rapid transit

9 Responses to "Pune Ring Road: MEIL, NECL, GRIL, PNC & RSIIL Win Contracts"

  1. Gourav says:

    Is this PQC road?

  2. Mukund says:

    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.

  3. Sunil says:

    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…

  4. Rajesh says:

    What About Nagpur Gondhia & Bhandara Gadchiroli Packages

  5. My god says:

    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.

  6. shanti enterprises says:

    we are in to supply of cement PAN India for reputed companies like ACC, Dalmia , M P Birla , Kesoram cement. Any requirement for BULk and Bag supply can be done as per the requirement .
    Shanti Enterprises is 24 year old firm in cement CFA and institutional sales with good repute based at Aurangabed ( Maharashtra )

  7. Balu Raut says:

    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


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