Dehradun (Metro Rail News): The Navayuga Group, an Indian multinational conglomerate headquartered in Visakhapatnam emerged as the lowest bidder for the construction of the development of tunnels, bridges along with formation works.
The bid comes under package – 3 in the connection between building a new rail line between Rishikesh and Karnprayag. The total distance of the proposed rail line is 125 KM which will ease the connectivity between two great places of worship. The two hill stations of Uttarakhand have also great importance as tourist destinations.
The Rail Vikas Nigam Limited (RVNL) estimated the cost of the tender was Rs. 1887.53 Cr. and The financial bid open on 24 August 2020.
Below are the company and their quoted amount who participated in the tender process
1.Navayuga- 2072.42 Cr L1
2.HCC-DBL JV. – 2113.84 Cr
3 Megha. – 2151.78 Cr
4.L&T. – 2189.33 Cr
5.Konkan Railway – 2270.83 Cr
6.Gulermak – 2316.31 Cr
7.Afcons – 2438.87Cr
The further details can be obtained from the official website.