National Highways Authority of India (NHAI) has issued a tender for the construction of a new six-lane access controlled Capital Region Ring Road in Odisha.
This contract, under NH(O), spans 40.7 km from Rameshwar (NH-16) to Bilipada and will be executed on a hybrid annuity mode (Package-1) with an estimated cost of Rs 1,715.31 crore. It entails the licence to construct, operate and maintain the project during the construction period of 30 months, and operations period of 15 years commencing from COD.
The last date to submit the bid is 09 January, 2025.