NHAI invites bids for Rs 727.38-cr road project in Odisha
The National Highways Authority of India (NHAI) has announced that bids are being invited for the upgradation of the existing four-lane road stretch to an eight-lane road on the Chandikhole Paradip section of NH-53 (Old NH 5A) in Odisha. This development falls under Package-IV part of the project and will require an investment of approximately Rs 727.38 crore. The rehabilitation and upgradation work for eight-laning of the road stretch will be executed from km 60.000 to km 76.646 of NH-53, covering a length of 16.646 km. The project will be carried out on the hybrid annuity model. The due date for bid submission is 5 June 2023.
