Key Points of GR Infra Lowest Bidder for NHAI Projects
- GR Infraprojects Ltd has secured the position of the lowest bidder for two NHAI projects worth Rs 1,613.84 crore.
- The financial bids for both projects were disclosed on March 28, 2023.
- The company has emerged as an L1 bidder in the financial bid for the projects invited by NHAI.
- One of the projects is for the construction of a 4/6 lane bypass in Karnataka on HAM mode package 1, worth Rs 897.37 crore.
- The other project is for the construction of 4 lanes with paved shoulders in Karnataka on HAM mode, worth Rs 716.47 crore.
- The first project needs to be completed within 912 days, while the second project needs to be executed within 730 days from the date of appointment.
Details of GR Infra Lowest Bidder for NHAI Projects:
GR Infraprojects Ltd declared on Tuesday that it has secured the position of the lowest bidder for two National Highways Authority of India (NHAI) projects worth Rs 1,613.84 crore. The financial bids for both projects were disclosed on March 28, 2023, as per the BSE filing made by GR Infraprojects.
The company stated, “Our company has emerged as an L1 bidder in a financial bid for the following tenders invited by the National Highways Authority of India (NHAI).”
One of the projects, which is worth Rs 897.37 crore, pertains to the construction of a 4/6 lane bypass in Karnataka, under the Hybrid Annuity Mode (HAM) package 1. The project needs to be completed within 912 days from the appointed date.
The second project is for the construction of 4 lanes with paved shoulders in Karnataka on HAM mode and is worth Rs 716.47 crore. The project has to be executed within 730 days from the date of appointment.
About GR Infra:
With its expertise in designing and building different road and highway projects across 14 Indian states, GR Infra stands as an all-in-one road engineering, procurement, and construction (EPC) company.
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