NHAI Invites Bids for Vadodara-Surat Highway Construction

22 May 2023 CW Team

The Ministry of Road Transport & Highways, through the National Highways Authority of India, is involved in the development of National Highways. As part of this endeavour, it has been decided to undertake the Construction of Additional structures including approaches in the Vadodara - Surat section of NH-48, between existing Km. 108+000 to Km. 250+000, in the State of Gujarat. This will be done on an Engineering, Procurement, and Construction (EPC) Contract basis. The National Highways Authority of India, represented by its Chairman, now invites bids from eligible contractors for the following project.

The complete BID document can be viewed/downloaded from the official portal of the NHAI at http://nhai.gov.in, or the CPPP website at https://etenders.gov.in, and BIMS portal at https://bims.gov.in/ from 15th May 2023 to 4th July 2023.

Bidders must submit their Technical Bid at https://etenders.gov.in and https://bims.gov.in, and Financial bid at https://etenders.gov.in on or before 4th July 2023.

A Bidder is required to offer, along with their BID, a BID Security of Rs. 8.60 crore (Rupees eight crore and sixty lakh only) (the "BID Security").

The tender seeks civil works worth Rs 8,59,53,00,000 to be completed in 730 days. As per the tender, the bid validity will be 120 days, and it will be an open bidding process. The bid submission period began on 15th May 2023 and will end on 4th July 2023.

Also Read
NCR emerges as thriving commercial realty hub
Integrow Asset Management raises Rs 15 bn for Indian markets

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..