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6,500 km road contract awarded by NHAI during FY2011-12
In yet another instance of aggressive bidding for highway projects, developers offered premium to seven out of eight highway projects with a total length of 1,144 kms awarded by National Highway Authority of India (NHAI) during March-end. One project failed to attract strong interest and thus the quoted amount was much lower than the expected bid.
Larsen and Toubro got the two bids of NH6 and thus would be completing the full stretch from Gujarat border to Amravati. This road connects Hazira port –Surat to Paradip and eventually Kolkata. KMC-led consortium grabbed the project in Bihar-Jharkhand of Aurangabad- BarwaAdda, which is 6 laning of the Golden quadrilateral between Delhi-Kolkata. Other successful bidders include Sadbhav, Unity Infra, Transtroy and IVRCL.Read More