Ashoka Buildcon and GVR Infra Projects as a consortium (50%: 50%) have emerged as the lowest bidder to the Tamil Nadu Road development Company (TNRDC) for the Development of Chennai Outer Rind Road Phase II from Nemilicheri in NH 205 to Minjur in Thiruvottiyur-Ponneri-Panchetti (TPP) Road on Design, Build, Finance, Operate and Transfer (DBFOT) Annuity basis at Chennai in the State of Tamil Nadu.
The project is on annuity basis with a concession period of 20 years and TNRDC cost of the project is Rs.985.44 crore.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.
Company Name | CMP |
---|---|
Larsen & Toubro | 3460.65 |
Rail Vikas Nigam | 341.55 |
KEC International | 799.70 |
Kalpataru Projects | 1226.60 |
NCC | 289.20 |
View more.. |