Ten firms vie for 179 km Jalna-Nanded e-way, Linking Samruddhi Mahamarg
Ten firms have submitted 23 bids for the construction of the 179.85 km Jalna-Nanded expressway in Maharashtra. It was noted that among the contenders were industry leaders such as Afcons Infrastructure, APCO Infratech, GR Infraprojects, NCC, PNC Infratech, and the state-owned Ircon International (IRCON).
It was further noted that the Maharashtra State Road Development Corporation (MSRDC) had pre-qualified a total of 18 firms to undertake the construction of this expressway. In January of this year, MSRDC invited price bids from these pre-qualified firms for the construction of the expressway in six separate packages, designated as JNE-1 to JNE-6. It was mentioned that each package came with a construction deadline of 900 days.
The expressway, formally known as the 'Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg,' spans 701 km and connects Nagpur, the winter capital, to Mumbai, the financial hub.
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Maharashtra Cabinet approves Rs 247.02 billion Jalna-Nanded expressway
The debt-equity ratio for the expressway project has been set at 52.81:47.19.
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