PNC & Ashoka Win Surat – Chennai Expressway’s Work in Karnataka

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PNC Infratech and Ashoka Buildcon on Tuesday emerged as the lowest bidders to construct Packages 2 and 4 in Karnataka of the Solapur-Kurnool-Chennai Economic Corridor (NH-150C), which forms the southern section of what’s known as Surat – Chennai Expressway.

This new 1271 km six-lane partially access-controlled highway by National Highways Authority of India (NHAI) will have a mix of greenfield and brownfield-upgraded sections with an alignment passing by Nasik, Ahmednagar, Solapur, Kalaburgi, Kurnool, Kadappa & Tirupati to link Gujarat, Maharashtra, Telangana and Tamil Nadu.

NHAI invited tenders for their construction by hybrid annuity model (HAM) in December 2021 with a 2.5 year deadline.

Package 2 (Badalal to Maradgi S Andola)

  • Length: 71 km
  • Bids Received: 15 (see list)
  • NHAI’s Estimate: Rs. 1769.02 crore

Financial Bid Values (Lowest 5):

Firm Bid (Rs. crore)
PNC Infratech 1575
Dilip Buildcon 1636
Patel Infrastructure 1695.75
Ashoka Buildcon 1716
GR Infraprojects 1717

Package 2’s Brief Scope: Construction of 6 Lane with Access Controlled Greenfield Highway from km 26.000 to km 97.000 MH or KN Border (Badadal) to Maradgi S Andola section of NH150C (Pkg-2 of Akkalkot to KN or TS Border section) on HAM under Bharatmala Pariyojna

Package 4 (Baswantpur to Singnodi)

  • Length: 40.6 km
  • Bids Received: 13 (see list)
  • NHAI’s Estimate:  Rs. 1169.22 crore

Financial Bid Values (Lowest 5):

Firm Bid (Rs. crore)
Ashoka Buildcon 1079
Shankarnarayana Constructions  1087.37
Dilip Buildcon 1118
GR Infraprojects 1118
Rajpath 1199

Package 4’s Brief Scope: Development of 6 lane Access Controlled Greenfield Highway from Km 162.500 to Km 203.100 Baswantpur to Singnodi section of NH 150C (Pkg 4 of Akkalkot KNT or TS Border) on HAM under Bharatmala Pariyojna

Representational Only: the economic corridor will link Surat’s proposed Ring Road and Chennai Peripheral Ring Road

The lowest bids were well below NHAI’s estimates, so contracts should be awarded in the coming weeks.

I hear financial bids for Package 3 (Maradgi S Andola to Baswantpur) have also been opened, and either DBL or PNC has won it. If someone is aware, leave a comment below or send me a message via the contact page.

A tender notice for the 26 km Package 1 (Akkalkot to MH/KN Border at Badadal) is still pending. A list of this economic corridor’s packages and their status can be viewed here.

For more updates, check out the Expressway section or my Home Page! Sign up for free instant email notifications on new posts over here. Like this post? See how you can get early-access to updates and support the site over here.

– TMRG





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SHARING HELPS OTHERS