Bids for the first mega road project are in. 13 proposals have been submitted
Hi all,I just read today that the first megaroad project is out in tender and 13 proposals have been submitted. I remember that the first two tenders were announced two months ago.I want to cover on this blog all these tenders. I want to talk about who gets what project and about how the succesful companies get the financing in place. Don't forget that these projects involve a great amount of kilometres thus a great amount of funds.FIRST 2 MEGA ROAD PROJECTSIn April, the NHAI said it planned to float tender for two mega road projects worth Rs 7,800 crore in the following two months.The two referred projects were for Kishangarh-Udaipur-Ahmedabad stretch in Rajasthan and Gujarat and Ichapuram-Visakhapatnam-Rajahmundry section of NH-5 in Andhra Pradesh. While the first project is expected to cost Rs 5,134 crore ($1,220 million), the second has an estimated cost of Rs 3,550 crore($760 million).The highway works are to be awarded on a revenue-share basis, under which the developers will pay a part of the toll earnings to the Union Government.Kishangarh-Udaipur-AhmedabadThe tender for the first of the mega road projects is out and prequalification has been handed in.13 consortia have submitted their proposals.Financial investors like Macquarie SBI Infrastructure Fund and US-based First Pacific Fund have joined the 13 consortia which have submitted a pre-qualification bid for the six-lane expansion of the Rs 5,134-crore Kishangarh-Udaipur highway.Infrastructure majors like Larsen and Toubro, GMR and Jaypee Infrastructure and foreign companies like IJM Malaysia have bid for this project.However, many other companies preferred to go in for a consortia. Hindustan Construction Company Infrastructure has partnered with Egyptian company Orascom and French construction major Vinci to bid for this project.Hyderabad-based GVK has partnered with American company Belford Construction. IRB Infrastructure has announced a partnership with Reliance Infrastructure to bid for this project.Is is of special interest that new players in the Indian market have joined the bid process, this is the case of Balfour Beatty (UK)and Leighton Contractors (Australia).ALL MEGA ROAD PROJECTSThe length of the projects varies from 390 to 700 km and traverse through one or two states. Of these projects, three traverse through Gujarat, two each through Madhya Pradesh, Rajasthan and Maharashtra, and one each through Andhra Pradesh and Maharashtra.The nine projects are:1. Andhra Pradesh: Six laning of 436-km Ichapuram-Srikakulam- Visakhapatnam-Ankapalli- Rajahmundry section of NH-5.2. Rajasthan & Gujarat: Six laning of 557-km Kishangarh- Udaipur-Ahmedabad section of NH-79A, NH-79, NH-76 & NH-8.3. Maharashtra: Four laning of 485-km Gujarat-Maharashtra border of Dhule-Jalgaon-Akola- Amravati section of NH-6.4. Madhya Pradesh: Four laning of 450-km Gwalior-Shivpur- Biaora-Dewas section of NH-3.5. Punjab & Rajasthan: Two-lane with paved shoulder of 700-km Amristsar-Ganganagar- Bikaner-Nagaur-Jodhpur-Pali section of NH-15, NH-89 & NH-65.6. Madhya Pradesh: Four laning of Lakhnadon-Jabalpur-Katni- Reva Section of NH-7.7. Maharashtra: Four laning of 390-km Indapur-Goa/Maharashtra border section of NH-17.8. Gujarat: Four laning of 425-km Ahmedabad-Bamanbore- Samakhiali and Bamanbore- Rajkot-Gondal section of NH- 8A & B.9. Gujarat: Six/four laning of 445-km Bhavnagar-Pipavav- Porbandar-Dwarka section of NH-8E.I still don't know when all these projects will come out to tender. I will try to find it out. In case you have more information than me, please let all our reader know that information with a comment.It would be also interesting to know the whole list of firms bidding in the first tender. Any info?