Maharashtra State Road Development Corporation (MSRDC) on Thursday announced 13 companies as lowest bidders for the construction of Nagpur-Mumbai Maharashtra Samruddhi Mahamarg (MSM) expressway for a total value of Rs 470 billion.
“We have received 13 lowest bidders (L-1s) out of 18 eligible ones to build 13 of the 16 packages of the 700-km expressway,” MSRDC said in a statement.
As a strategy to ensure smooth implementation of high-cost projects, the state and central governments in all their recent project-award activities have chosen to break down projects into multiple packages. “Construction for the MSM expressway has been divided into 16 packages and