BMC floats Rs 1,000 cr tender for strengthening roads in round 2

15 Oct 2021 CW Team

On Monday, the BMC floated tenders of around Rs 1,000 crore, inviting bidders for the development and advancement of several roads in cement concrete, mastic asphalt in the city and suburbs.

It includes approximately Rs 700 crore of road works in civic jurisdiction, along with Rs 300 crore work in MHADA layout roads.

It is not to be mixed, with the re-tender of Rs 1,200 crore of road works just a few days back. In this batch too, some of the bids have been refloated, after the BMC dismissed the same in September over quality matters since road contractors had priced up to 30% below estimates. Some are fresh bids, like the MHADA layout roads.

Corporators have asked whether cancelling and then inviting bids will lead to better road quality or end up a waste of time. This time, authorities said that severe conditions have been laid down, like contractors who take part in the bids must have prior road work experience and not just any civil work experience. There will also be partial payment, with only 80% payment, issued when the work gets concluded. The remaining 20% payment will be issued during the defect liability time in instalments.

The deadline to fill the tenders is November 3.

Corporators fret that works are likely to be delayed at the outset, with bids invited so late. From October onwards, BMC commences road repair works on the ground, which continues till the arrival of the monsoon in the next year.

Image Source

Also read: BMC to re-tender Rs 1,200 cr road maintenance and repair project

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..