Oriental Wins Chennai Peripheral Ring Road EPC-05’s Contract

Oriental Structural Engineers Pvt. Ltd. (OSE) was today declared as the lowest bidder to construct and maintain 9.7 km Package EPC-05 of the 132.87 km Chennai Peripheral Ring Road project by Tamil Nadu Road Development Company (TNRDC).

This 6 lane access controlled expressway with 4 service lanes will form Chennai’s 4th ring road and connect Ennore Port with NH16 (old NH5) at Thatchur. Package EPC-05 lies within 30.10 km Section III which connects Thiruvallur Bypass with Sriperumbudur on National Highway 48 (Old NH-4).

Section III’s construction will be financed by Asian Infrastructure Investment Bank (AIIB) through a USD 378 million loan and is divided into 3 EPC packages: EPC-03, EPC-04 and EPC-05. Within those, EPC-05 is the shortest and will connect Sengadu (chainage 68+200) to Sriperumbudur (chainage: 77+900).

TNRDC had invited bids for this package in November 2023 with a 36 month construction deadline. It’s estimate remains unconfirmed to me but might be Rs. 780 crore.

Technical bids were opened in January 2024 to reveal 3 bidders. Among those, the bid submitted by Ramalingam Construction Company Pvt. Ltd. (RCC) was found non-compliant to the tender’s conditions and was disqualified.

Financial Bid Values

Firm	Bid (Rs. Crore)
Oriental Structural Engineers Pvt. Ltd. (OSE)	963.27
Larsen and Toubro Ltd. (L&T)	1138.60

Brief Scope: Formation of New Six lane road from Sengadu (Design Chainage: 68+200) to Sriperumbudur (Design Chainage: 77+900) with paved shoulders and two lane service road on both sides in Section-III of Chennai Peripheral Ring Road Project under Package-EPC 05 on Engineering, Procurement and Construction (EPC) Mode including maintenance for 7 years

TNRDC’s estimate remains unconfirmed to me, so I can’t provide an assessment on the chances of a contract getting issued to OSE. We’ll have to wait and see how this plays out.

The entire project is divided into 8 civil packages, with Tata Projects and L&T currently working on Section 1 & 2. See a list of all packages and their status over here.

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– TMRG