JK Cement and UltraTech have placed bids for supplying cement to the Ministry of Road Transport and Highways (MoRTH) for its plan to construct concrete cement roads.
The two firms are among the first few to place their bids in response to the global tender floated by MoRTH for cement procurement for the next one year.
The tender, which will close on 24 October, has invited companies to provide rates on per bag-and-per-tonne basis for the next one year.
The ministry is also considering entering into rate contracts with companies to buy concrete and cement so that builders and contractors can acquire the material at cheaper rates.
Presently, the cement rates range from Rs 330 per bag to Rs 390 per bag across the country and similarly, Rs 33,000 per tonne to Rs 39,000 per tonne.
More Tender Info:
Quotations for Rates of Cement from Cement Manufacturers