ADB rejects tenders for seven flyovers in Ahmedabad
ROADS & HIGHWAYS

ADB rejects tenders for seven flyovers in Ahmedabad

The Asian Development Bank, which had in 2020 sanctioned Rs 1,330 crore loan to the Ahmedabad Urban Development Authority (Auda) for infrastructure projects worth Rs 1,900 crore, has rejected tenders for seven flyovers because they had only one bidder each.

The ADB loan for the overall project is Rs 1,330 crore with Rs 570 crore raised by the executing authority. This project — among other infrastructure works — covered nine flyovers and one underpass in Auda areas along SP Ring Road, projected to cost Rs 660 crore. Auda divided these projects into six packages and floated tenders in September 2022.

A pre-bid meeting was held on September 30 and technical bids were opened on October 30. As four tenders got only single bids, the ADB, citing central vigilance commission guidelines, rejected these tenders and asked Auda to invite bids again.

“The six packages for flyover, projected to cost Rs 660 crore, drew bids totalling Rs 900 crore. Of these, four packages with a combined cost of Rs 550 crore received single bids. Two packages got multiple bids. The four tenders with single bidders — involving seven flyovers — were sent to ADB, which rejected them citing the CVC guidelines to not clear tenders with single bids,” a senior Auda official told TOI.

The official said Auda will now float new tenders for these seven flyovers with short notice and price bids will be opened at the same time.

In the detailed project report sent to ADB for sanction of the Rs 1,330 crore loan, Auda proposed works worth Rs 270 crore in Ghuma, Shela, Godhavi, Manipur, Sanathal and Telav, including a sewerage network for Rs 115 crore and stormwater drains for Rs 115 crore.

The Asian Development Bank, which had in 2020 sanctioned Rs 1,330 crore loan to the Ahmedabad Urban Development Authority (Auda) for infrastructure projects worth Rs 1,900 crore, has rejected tenders for seven flyovers because they had only one bidder each.The ADB loan for the overall project is Rs 1,330 crore with Rs 570 crore raised by the executing authority. This project — among other infrastructure works — covered nine flyovers and one underpass in Auda areas along SP Ring Road, projected to cost Rs 660 crore. Auda divided these projects into six packages and floated tenders in September 2022.A pre-bid meeting was held on September 30 and technical bids were opened on October 30. As four tenders got only single bids, the ADB, citing central vigilance commission guidelines, rejected these tenders and asked Auda to invite bids again.“The six packages for flyover, projected to cost Rs 660 crore, drew bids totalling Rs 900 crore. Of these, four packages with a combined cost of Rs 550 crore received single bids. Two packages got multiple bids. The four tenders with single bidders — involving seven flyovers — were sent to ADB, which rejected them citing the CVC guidelines to not clear tenders with single bids,” a senior Auda official told TOI.The official said Auda will now float new tenders for these seven flyovers with short notice and price bids will be opened at the same time.In the detailed project report sent to ADB for sanction of the Rs 1,330 crore loan, Auda proposed works worth Rs 270 crore in Ghuma, Shela, Godhavi, Manipur, Sanathal and Telav, including a sewerage network for Rs 115 crore and stormwater drains for Rs 115 crore.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement