The Ministry of Road Transport and Highways (MoRTH), through its P6 Delhi division in coordination with the Regional Office Bangalore, has invited a tender for an important highway development project in Karnataka. This initiative is part of the NH(O) Annual Plan 2023โ24, aimed at improving regional connectivity and ensuring safer road infrastructure.
The proposed project focuses on the widening of the NH-73 New Spur Road from Ujire to Dharmasthala and Periyashanthi. The scope includes upgrading the existing road to a two-lane configuration with paved shoulders, which will enhance the efficiency of vehicular movement, especially in this frequently traveled pilgrimage and tourism route. The project will be carried out under the Hybrid Annuity Mode (HAM), combining public and private investment for optimal execution.
The financial bid for this tender was officially opened on February 10, 2025. After evaluating all submitted bids, M/s Mugrody Construction was identified as the lowest bidder. Their proposal complied with both technical and financial guidelines laid out by MoRTH.
The estimated cost of the project stands at approximately โน315 crores(3150000000). Once awarded, the work is expected to begin shortly, providing better connectivity and boosting the local economy in the region.
Key Points:
- Tender issued by MoRTH โ P6 Delhi, RO Bangalore
- Project under NH(O) Annual Plan 2023โ24
- Widening of NH-73 Spur Road to two lanes with shoulders
- Bid Open Date: 10th Feb 2025
- Contractor Name: M/s Mugrody Construction
- Project Value: Approx INR 3150000000
- ISP Construction Pvt. Ltd Got A Project:RCC Drain Construction Along Expressway
- S R Constructions Got A Project:RCC Drain Construction Along Sector-142 to Sector-144 Corridor
- APS and Company Pvt. Ltd. Got A Project:Construction of Devapur (NH-35)
- M/s J.K. Construction Got A Project:Widening and Strengthening of Meja Kohdarghat Khiri marg
- Nar Singh Tomar Got A Project:WIDENING AND STRENGTHENING in Uttar Pradesh