PNC Infratech wins major highway project in Madhya Pradesh with Rs 1,174cr bid
PNC Infratech Limited, a renowned name in infrastructure development, has been declared the L1 (Lowest) bidder for a significant highway project in Madhya Pradesh. The project, “Construction of Western Bhopal Bypass as 4-lane with paved shoulders,” is set to revolutionize the road network in the region.
Details of the Western Bhopal Bypass Project
The project extends from km 424.0 of the Jabalpur-Bhopal Road (NH-46) to km 21.0 of the Bhopal-Dewas Road (SH-28), covering a design length of 40.90 km. This development is part of the Madhya Pradesh Road Development Corporation’s (MPRDC) initiative to enhance state infrastructure. The project, to be constructed under the Hybrid Annuity Mode (HAM), emphasizes a modern approach to road development.
Bid Project Cost and Construction Timeline
PNC Infratech’s winning bid for the project is Rs. 1,174 crore, marking a significant milestone for the company. The price bids for the project were opened on Monday, December 18, 2023, with PNC emerging as the lowest bidder. The project is scheduled for completion in 24 months and includes a 15-year operation period post-construction.
PNC Infratech Declared L1 Bidder for Western Bhopal Bypass, Enhancing Madhya Pradesh’s Road Network
Strategic Impact of the Project
This ambitious project aims to improve connectivity and transportation efficiency in Madhya Pradesh. The Western Bhopal Bypass will not only facilitate smoother travel but also contribute to the economic growth of the region. The construction of the 4-lane bypass with paved shoulders and service roads is expected to ease traffic congestion and enhance road safety.
PNC Infratech’s Role in Infrastructure Development
PNC Infratech Limited’s successful bid reaffirms its position as a leading player in the infrastructure sector. The company’s expertise in road construction and project management is set to be showcased in this major undertaking.
The Future of Madhya Pradesh’s Road Network
This project is a significant step in Madhya Pradesh’s ongoing efforts to upgrade its road infrastructure. The Western Bhopal Bypass, upon completion, will stand as a testament to the state’s commitment to developing a robust and modern transportation network.