Lowest bidder Simplex Somdatt bags Elevated Expressway project
Simplex Somdatt quoted Rs.439 croresThe project should be ready by March 2008
HYDERABAD: The Simplex Somdatt has bagged the contract for the longest Elevated Expressway project in the country from Mehdipatnam to International Airport. The 11.5-km flyover would provide faster access to the International Airport at Shamshabad from the city.
The high-level committee headed by Secretary, Municipal Administration and Urban Development and comprising Secretaries of Finance, Transport and R&B Departments, besides the HUDA Vice Chairman, met on Monday and awarded the contract to the lowest bidder, Simplex. "HUDA would be issuing a formal Letter of Acceptance to the Simplex," HUDA Chief Engineer Vivek Deshmukh said.
Simplex Somdatt, is a joint venture between Kolkata based Simplex Infrastructure with headquarters at Delhi and Somdatt. "We expect the company to mobilise men and machinery in about 10 days and by August 20 work should commence with a ground breaking ceremony," Mr. Deshmukh said.
Simplex Somdatt by quoting Rs.439 crores, 2.44 per cent less than the estimated construction value of Rs.450 crores, emerged the lowest bidder when the financial bids were opened on July 31 in the presence of all bidders.
Gamon India quoted the next lowest figure of Rs.447.6 crores. The other bidders were Punj Loyd, Italian Thai Development, Bangkok, Navyug Engineering, and IJM Corporation, Malaysia. The work on the elevated expressway would have four components -- flyover from Sarojini Devi Eye Hospital to Aramghar, Underpass at Aramghar, Trumpet interchange on Bangalore highway for easy connectivity to International Airport and strengthening and widening the existing inner ring road from Rethibowli junction to Aramghar junction.
The project will be of 26 months duration but connectivity to the airport would be provided in 20 months. "The Expressway should be ready by March 2008," Mr. Deshmukh said.