Ircon International (IRCON) has emerged as the lowest bidder for upgrading and four laning of the Haridwar Bypass Package-1 from km. O+OOO (km. 188+100 of NH-58) to km. 15+100 (km. 5+100 of NH 74) in Uttarakhand on Hybrid Annuity Model, said an official spokesperson. NHAI has floated a tender for competitive bidding for the project in question entailing an investment of ₹861 crore The completion period of the project is 2 years and execution will be undertaken by a Special Purpose Vehicle, Concessionaire, as a limited liability entity, which shall be incorporated by IRCON as its wholly-owned subsidiary.
📅Published on:
07 January 2022
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