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The Rs 474.64 crore elevated six-lane highway corridor at Porvorim has been awarded to Rajendra Singh Bhamboo Infra Private Ltd (RSBIPL), a company located in Rajasthan.
The work must be finished within 24 months of the work order being issued, as per the tender.
The RSBIPL has been given the contract to build a six-lane elevated corridor (flyover) on the NH-66 (formerly National Highway 17) between Guirim and Porvorim, according to Minister Nilesh Cabral of the Public Works Department (PWD).
RSBIPL is involved in the business of civil construction, which primarily includes the construction of roads and bridges.
It has completed multiple projects in Rajasthan and Madhya Pradesh, and is currently executing projects in Maharashtra, Tripura, and Assam.
Cabral informed that a total 16 companies had bid for the tender, but RSBIPL was selected at a bid price of ₹364.68 crore.
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