In a significant development, government of India has set in motion the process for construction of Zojila tunnel on strategic Srinagar-Leh highway.
The Union government is all set to award the work to Megha Engineering and Infrastructure Limited (MEIL), after seven years of wait and five failed bids, a source said, adding the MEIL has emerged as the lowest bidder. The source said National Highways and Industrial Development Corporation (NHIDCL), a government body entrusted with executing infrastructure projects in hilly areas, had invited fresh bids for the tunnel in July this year. It opened the financial bids on Friday.
