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    NHAI awards Rs. 960-cr road contract

    National Highway Authority of India (NHAI)
    Construction work on Jaipur Ring Road is all set to start very shortly with National Highway Authority of India (NHAI) formally entered an agreement with Gwar , a Haryana based road building company, which has emerged as the lowest bidder among 15 companies in the fray. For the mega project, which entailed an investment of Rs. 960 crore, NHAI has already issued a letter of interest to the contract winning firm, which has also sent its team for site evaluation work and the construction work will be started after completing the mandatory formalities and that the project is expected to be completed by the first quarter of 2019. The firm will be under a strict schedule to complete the project in stipulated time as the contractor firm will have a period of 455 days to complete the 47 kilometers long six-lane road between Jaipur-Agra and Jaipur-Ajmer highway, said official sources.
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