Bids submitted for US$93.85 million Ring Road PPP project in India

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Bids submitted for US$93.85 million Ring Road PPP project in India

The Tamil Nadu Road Development Company (TNRDC) has announced that three civil engineering firms have submitted bids to construct and maintain 9.7 km Package EPC-05 of the 132.87 km Chennai Peripheral Ring Road project in Tamil Nadu, India.

This expressway, featuring six lanes and four service lanes under controlled access, is set to serve as Chennai's fourth ring road, linking Ennore Port to NH16 (formerly NH5) at Thatchur. Specifically, Package EPC-05 is situated within a 30.10 km stretch of Section III, connecting Thiruvallur Bypass to Sriperumbudur along National Highway 48 (Old NH-4). The financing for Section III's construction comes from the Asian Infrastructure Investment Bank (AIIB), providing a USD 378 million loan. This section is segmented into three EPC packages: EPC-03, EPC-04, and EPC-05, with EPC-05 being the shortest and facilitating the connection from Sengadu to Sriperumbudur.

The three bidding entities that have submitted proposals are Larsen and Toubro Ltd. (L&T), Oriental Structural Engineers Pvt. Ltd. (OSE), and Ramalingam Construction Company Pvt. Ltd. (RCC). Notably, the entire project is subdivided into eight civil packages, and currently, Tata and L&T are engaged in the development of Sections 1 & 2.

List of country news

Country news

  • November 21, 2023

    Contract awarded for USD494 million Port PPP Project in India

    The Karnataka Maritime Board has issued a Letter of Award (LOA) to JSW Infrastructure for the development of a commercial port at Keni in Karnataka, India.

    Read more
  • October 10, 2023

    Construction Contract awarded for USD120 million Harbour Link PPP project in India

    Gawar Construction has won the contract to construct the Mumbai Trans-Harbour Link (MTHL) elevated corridor that will be integrated with the Mumbai-Pune Expressway in Maharashtra, India.

    Read more
  • April 10, 2023

    Tender issued for 300 MW Floating Solar in India

    NHPC Limited has launched a tender for a Floating Solar Power Project at Rengali Reservoir at Angul district in the state of Odisha, India.

     

     

    Read more
  • March 22, 2023

    USD446 million Contract awarded for construction of platforms for High Speed Rail PPP in India

    Hindustan Construction and Megha Engineering & Infrastructures have announced that their joint venture has been awarded an INR3,681 crore (US$446 million) contract to build the Mumbai terminus of India’s first high-speed rail line.

     

    Read more
  • March 08, 2023

    Tender issued for 6 MW solar plant in India

    The Electricity Department of Daman & Diu has launched a tender for the supply, installation, testing, and commissioning of a 1 MW solar central inverter in the existing control room and connecting in the system at a 6 MW solar photovoltaic plant in Fudam, Diu, India.

     

     

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.