G R Infra projects Ltd on Tuesday said that it has emerged as the lowest bidder for two NHAI projects worth Rs 1,613.84 crore. Both projects
Projects :
- Construction of 4/6 Lane Bypass for Belagavi City in the state of Karnataka on Hybrid Annuity Mode (HAM) Package 1 with a project cost of Rs 897.37 crore. The completion period is 912 days from the date of appointed and the operation period is 15 years from commercial operation date.
CONSTRUCTION OF RING ROAD / BYPASS TO THE BELAGAVI CITY
(Package-1A)
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Stretch : Construction of 4/6 lane bypass for Belagavi city from Km 11.00 (Goa side) of NH-4A to Km 516.000 (Pune side) of NH-4 (Design Length 34.48 km) in the State of Karnataka on Hybrid Annuity Mode. (Package 1A)
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Length : 34.480 Km
Start point : Ch. 11.00 Km (Goa side) of NH-4A near Zadshahapur Village
End point : Ch. 516.00 Km (Pune side) of NH-4 near Bennalli Village
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Lane configuration : 4/6 lane divided carriageway with service road
Proposed row : 60M
Speed : 100 Kmph
Type of pavement : Rigid Pavement
Land to be aquired : 260 Ha
Cost of land : Rs:73 crores
Cost of land to be aquired : *(State Government of Karnataka has allotted 140 Crs towards 50% of total LA cost of the project of length 69.427km)
Total capital cost : 1094 Cr
Per km total capital cost : 31.70 cr/km
Also Read : Belagavi ring road : Package details
2. construction of 4 Lane with Paved Shoulders in the Belagavi-Hundgund-Raichur section of NH749A (Ext.SH-20) in the state of Karnataka on Hybrid Annuity Mode (HAM) (Package‐5) under NH(O). The project cost is Rs 716.47 crore. The completion period is 730 days from the date of appointed and the operation period is 15 years from commercial operation date.
Also Read : NHAI floats tender for ₹2007-cr highway project in Belagavi-Hungund-Raichur Section
About G R Infra projects Ltd : G R infra projects is an integrated road engineering, procurement and construction (EPC) company largly focused on road sector. The company has also recently diversified into projects in the railways.
The company’s consolidated net profit zoomed to Rs 323.65 crore in the quarter ended Decemeber 2022 as against Rs.145 crore during the previous quarter ended December 2021.
