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Independent Engineer Services during Operation and Maintenance Period for Four Lane Bhavnagar-Talaja Section of NH-51 (O...
08/09/2026

Independent Engineer Services during Operation and Maintenance Period for Four Lane Bhavnagar-Talaja Section of NH-51 (Old NH-8E) from km 07.090 to km 53.585 (Design Ch. from km 6.945 to km 54.990) in the State of Gujarat on HAM (Pkg-I)

Rehabilitation and Upgradation of existing 4L highway to a 6L divided carriageway of Jhansi Orai Section (PKG-3) from De...
08/09/2026

Rehabilitation and Upgradation of existing 4L highway to a 6L divided carriageway of Jhansi Orai Section (PKG-3) from Design Km 1469.000 near Ingui Khurd Village to Design Km 1515.710 near Orai (Bandha Village) NH-27 in Uttar Pradesh on HAM mode.

05/09/2026

CBI registers case against Subhash Chandra over alleged Rs 1,322 crore LIC Housing loan fraud

The Central Bureau of Investigation (CBI) has registered a case against Essel Group chairman Subhash Chandra and others over alleged fraud involving more than Rs 1,322 crore in loans extended by LIC Housing Finance Ltd, according to an FIR registered on August 31.

The case follows a complaint by LIC Housing Finance alleging that Chandra, along with borrower companies and their directors, used false and inflated net-worth documents to secure loans from the home financier. The CBI has registered the case for criminal conspiracy, cheating and criminal breach of trust, among other offences.

LIC Housing Finance extended a Rs 500 crore loan to Vasant Sagar Properties Pvt Ltd and Pan India Infraprojects Pvt Ltd in March 2018 for business expansion. The loan was secured by a personal guarantee from Chandra.

In August 2018, the lender extended another Rs 480 crore to Digital Subscriber Management and Consultancy Services Pvt. Ltd and Spirit Infrapower and Multiventures Pvt. Ltd under a rental discounting facility. This loan was also secured by Chandra’s personal guarantee.

According to the complaint, the first loan was sanctioned partly on the basis of a net-worth certificate submitted by Chandra that put his net worth at $6.2 billion (Rs 59,113 crore) as of March 31, 2017. The second loan was sanctioned partly on the basis of another certificate stating his net worth at Rs 40,562 crore.

Both loan facilities subsequently went into default. The outstanding amount stood at Rs 570.50 crore for the Vasant Sagar facility and Rs 507.25 crore for the Digital loan, according to LIC Housing Finance’s complaint.

05/09/2026

RRSM INFRA PVT LTD emerges as L1 for project worth ₹627.48 Cr for Rehabilitation and Upgradation of NH-160A Trimbak to Palghar Section 2-Lane/4-Lane Paved Shoulder on EPC Mode

PROJECT DETAILS:
Organisation: Ministry of Road Transport and Highways
Estimated Cost: ₹1187.21 Cr
Period of Completion: 2 Years
Tender ID: 2025_MoRTH_879578_1
Tender Ref: 12014/148/2024-MAH/ZONE-IV-II
Location: Maharashtra

BID RESULTS:
L1: RRSM INFRA PVT LTD | Bid: ₹627.48 Cr | Gap vs L1: - | vs Estimate: -47.15%

L2: Kaluwala Construction Private Limited | Bid: ₹698.14 Cr | Gap vs L1: +11.26% | vs Estimate: -41.19%

L3: Bharat Constructions (India) Pvt. Ltd. | Bid: ₹735.00 Cr | Gap vs L1: +17.14% | vs Estimate: -38.09%

L4: Shri Swami Samarth Engineers Limited | Bid: ₹749.00 Cr | Gap vs L1: +19.37% | vs Estimate: -36.91%

L5: KRC Infraprojects Private Limited | Bid: ₹777.00 Cr | Gap vs L1: +23.83% | vs Estimate: -34.55%

L6: R. K. Chavan Infrstructure Pvt. Ltd. | Bid: ₹787.45 Cr | Gap vs L1: +25.49% | vs Estimate: -33.67%

L7: Gawar Construction Limited | Bid: ₹828.08 Cr | Gap vs L1: +31.97% | vs Estimate: -30.25%

L8: CEIGALL INDIA LIMITED | Bid: ₹899.00 Cr | Gap vs L1: +43.27% | vs Estimate: -24.28%

L9: RKC Infrabuilt Private Limited | Bid: ₹899.10 Cr | Gap vs L1: +43.29% | vs Estimate: -24.27%

L10: KMC Constructions Limited | Bid: ₹909.00 Cr | Gap vs L1: +44.87% | vs Estimate: -23.43%

L11: MILAN ROAD BUILDTECH LLP | Bid: ₹937.90 Cr | Gap vs L1: +49.47% | vs Estimate: -21.00%

L12: VENSAR CONSTRUCTIONS COMPANY LIMITED | Bid: ₹938.70 Cr | Gap vs L1: +49.60% | vs Estimate: -20.93%

L13: KCC Buildcon Private Limited | Bid: ₹973.00 Cr | Gap vs L1: +55.06% | vs Estimate: -18.04%

L14: IRON TRIANGLE LIMITED | Bid: ₹1001.29 Cr | Gap vs L1: +59.57% | vs Estimate: -15.66%

L15: PNC Infratech Ltd | Bid: ₹1017.00 Cr | Gap vs L1: +62.08% | vs Estimate: -14.34%

L16: M/s. Ashoka Buildcon Ltd | Bid: ₹1040.00 Cr | Gap vs L1: +65.74% | vs Estimate: -12.40%

L17: NG Projects Limited | Bid: ₹1050.70 Cr | Gap vs L1: +67.45% | vs Estimate: -11.50%

L18: H.G. Infra Engineering Limited | Bid: ₹1105.11 Cr | Gap vs L1: +76.12% | vs Estimate: -6.92%

05/09/2026

Bidders Revealed: Greenfield Multi-Modal Logistics Hub (*Greater Noida*)

Project Details:
Project: *Development of Greenfield Multi Modal Logistics Hub (DBFOT Basis)*
Location: Greater Noida, Uttar Pradesh
Organisation: DMIC Integrated Industrial Township Greater Noida Limited
Estimated Cost: ₹*5,881.00 Cr*
Stage: Technical Bid Opening
Tender ID: 2026_DMICG_1168631_1
Tender Ref: DMIC IITGNL/CIVIL/219 DATED-10.07.2026

*Qualified Bidders*:

1. Adani Ports and Special Economic Zone Limited — Qualified
2. Essar Ports Limited — Qualified
3. JSW Infrastructure — Qualified

05/09/2026
03/09/2026

Konark–Paradeep Coastal Highway – Package II

Construction of New 2-Lane with Paved Shoulder Coastal Highway from Konark to Paradeep (Km 79.400 to Km 160.180) on Hybrid Annuity Mode in the State of Odisha (Package-II)
Tender ID: 2025_NHAI_256689_1
Project Cost: 1,640 Cr
Bidder list

1- Ceigall Infra Projects Pvt. Ltd.
2- HG Infra Engineering Ltd.V
3- Kaluwala Construction Pvt. Ltd.
4- M G Contractors Pvt. Ltd.
5- Patel Infrastructure Ltd.
6- Rail Vikas Nigam Ltd.
7- RKD Construction Pvt. Ltd.

03/09/2026

The National Highways Authority of India has received 17 bids for the construction of the 160-kilometre coastal highway between Rameshwar and Paradeep in Odisha, signalling strong private-sector interest in one of the state's most significant greenfield infrastructure projects.

The Ministry of Road Transport and Highways said yesterday (1 September) that the overwhelming response reflects robust competition and keen interest from the participants

The project, valued at Rs 8,300 crore, has been divided into two packages under the Hybrid Annuity Mode.

The 79.4-kilometre four-lane access-controlled Rameshwar to Konark Package-I attracted 10 bids, while the 80.7-kilometre two-lane Konark to Paradeep Package-II received seven bids.

Bids were opened on 28th August, with technical evaluation currently underway, though bidder names have not been officially disclosed.

Construction of 4-lane Thiruvarur Bypass (Km 15.900 Km 30.836) in Nagapattinam Thanjavur Section of NH83 in Tamil Nadu o...
03/09/2026

Construction of 4-lane Thiruvarur Bypass (Km 15.900 Km 30.836) in Nagapattinam Thanjavur Section of NH83 in Tamil Nadu on Hybrid Annuity Mode (Project Length 14.936 km)

Construction of 4 lane (expandable to 8 lane) access controlled Highway section of NH248S for the connectivity to propos...
03/09/2026

Construction of 4 lane (expandable to 8 lane) access controlled Highway section of NH248S for the connectivity to proposed Vadhavan port (from Vadhavan Port to Tawa Village on NH 48) (Design length32.180Km) under NH (O) in Maharashtra on EPC Mode

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