Jaypee Industries has emerged as the
lowest bidder for the Rs.40,000 crore ($10 billion) Ganga expressway project in
Uttar Pradesh.
Of the 15 companies short-listed after
initial scrutiny, only five participated in the financial bids that were opened
on 13 January 2008, in which Jaypee Industries offered the lowest bid, followed
by Reliance Energy. The others in the fray were Gammon India, Unitech and Zoom
Developers.
On 15 January 2008, Uttar Pradesh
Chief Minister Mayawati is scheduled for lay the foundation stone for the
proposed 1,000-km eight-lane expressway project.
Also See:
Foundation stone
for Ganga Expressway project by 15 January (07-Jan-08)
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