Ircon International (IRCON) was the lowest bidder for the Upgradation and Four Laning of Haridwar Bypass Package-1 in the State of Uttarakhand on Hybrid Annuity Mode from Km. O+OOO (Km. 188+100 of NH-58) to Km. 15+100 (Km. 5+100 of NH-74).
The project was put out to competitive bidding by the National Highways Authority of India, and its estimated cost is Rs.861 crore (Bid Project Cost). The project will take 2.0 years to complete.
This work will be carried out by a Special Purpose Vehicle (“Concessionaire” as a limited liability business) that will be incorporated as an IRCON Wholly-Owned Subsidiary Company.