Assam’s Gauripur Bypass Project on NH-31 to Boost Connectivity
ROADS & HIGHWAYS

Assam’s Gauripur Bypass Project on NH-31 to Boost Connectivity

The project, which was bid on September 2, 2024, has been awarded to the lowest evaluated bidder who quoted a price of Rs 206,88,13,211. The project is designed to alleviate traffic congestion, promote economic development, and enhance Assam's potential as a leading investment destination.

Following the award, the successful bidder has been instructed to acknowledge the Letter of Award (LOA) and sign the contract agreement within the specified timeline. In addition, the bidder is required to provide a performance security of Rs 60.2 million, along with an additional performance security of the same amount, within 30 days of receiving the LOA.

This project is set to be a significant milestone in the on-going infrastructure development in Assam, reinforcing the state’s strategic role in contributing to the nation’s growth and development.

News source: The Sentinnel

The project, which was bid on September 2, 2024, has been awarded to the lowest evaluated bidder who quoted a price of Rs 206,88,13,211. The project is designed to alleviate traffic congestion, promote economic development, and enhance Assam's potential as a leading investment destination. Following the award, the successful bidder has been instructed to acknowledge the Letter of Award (LOA) and sign the contract agreement within the specified timeline. In addition, the bidder is required to provide a performance security of Rs 60.2 million, along with an additional performance security of the same amount, within 30 days of receiving the LOA. This project is set to be a significant milestone in the on-going infrastructure development in Assam, reinforcing the state’s strategic role in contributing to the nation’s growth and development. News source: The Sentinnel

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code