G R Infraprojects Ltd. on Wednesday was declared as the lowest bidder to construct 36.40 km Package 14 of 513.25 km Surat – Solapur Economic Corridor (NH-150C), which forms the northern 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, Kalaburagi, Kurnool, Kadapa & Tirupati to link Gujarat, Maharashtra, Telangana and Tamil Nadu.
Package 14 is the first package within Maharashtra to be tendered out. Its route will connect Hasapur and Badadal on the border with Karnataka.
NHAI had invited tenders for its construction by hybrid annuity model (HAM) in December 2022 with a Rs. 961.47 crore estimate and 2 year deadline. Technical bids were opened just over a week ago to reveal 11 bidders.
Financial Bid Value
Note: Below I’ve shown the lowest 5 bidders’ financial values
|Firm||Bid (Rs. Crore)|
|G R Infraprojects Ltd.||872.17|
|JM Mhatre Infra Pvt. Ltd.||895.00|
|Kalyan Toll Infrastructure Ltd.||908.00|
|Dilip Buildcon Ltd.||924.30|
|Dineshchandra R Agrawal Infracon Pvt. Ltd.||969.00|
Brief Scope: Six laning of Surat Nashik Ahmednagar Solapur MH/KNT Border Greenfield stretch Package XIV from km 512.000 (Hasapur) to km 548.400 (Badadal) in Maharashtra to be executed on HAM under BMP
GRIL’s bid of Rs. 872.17 crore was well below NHAI’s estimate, so a contract should be awarded in the coming weeks with construction on Maharasthra’s first package starting this summer.
As shared earlier, the project’s roughly 290 km Surat – Ahmednagar section is pending environment clearance, so it’ll be a while before tender notices are published for the southern Gujarat – western Maharashtra section.
A list of Surat – Chennai Expressway’s packages, their contractors and status can be viewed here.