Montecarlo Ltd. (MCL) in June-end was declared as the lowest bidder to construct the 37.386 km Package 3 of the 121.786 km Shamli – Ambala Expressway project in Uttar Pradesh and Haryana.
This 6 lane access-controlled highway by National Highways Authority of India (NHAI) will connect Gogwan Jalalpur village on the under construction 210 km Delhi – Dehradun Expressway with Sadopur village north of Ambala.
The project forms a significant segment of the upcoming 450 km Ludhiana – Bareilly Economic Corridor. Its Package 3 in Ambala District will connect Adhoya Musalmana (Chainage 84.400) to Sadopur (Chainage 121.786).
NHAI invited tenders for its civil contract under the Bharatmala Pariyojana program in January 2022 with a Rs. 770.30 crore estimate and 730 days (2 year) deadline. Technical bids were opened in early June to reveal 5 bidders.
Financial Bid Values
|Firm||Bid (Rs. Crore)|
|APCO Infratech Pvt. Ltd.||750|
|Ravi Infrabuild Projects Pvt. Ltd.||770|
|M G Contractors Pvt. Ltd.||886|
|G R Infraprojects Ltd.||957|
NHAI’s Brief Scope: Development of 6 Lane AC Highway from Adhoya Musalmana Ambala dist to Sadopur Ambala dist from Ch. 84.400 to 121.786 of Shamli Ambala sec of Bareilly Ludhiana EC on EPC under BMP Ph-1 in Haryana Pkg3
MCL’s bid of Rs. 729 crore was well below NHAI’s estimate of Rs. 770.30 crore so a contract should be awarded in the coming weeks, if not already.
Technical bids for packages 1 & 2 were opened last week to reveal 14 bidders for their construction contracts. Details on this expressway along with a list of all packages and their status can be viewed here.
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