Hyderabad based Megha Engineering & Infrastructure Ltd (MEIL) has bagged the project to construct the prestigious Zojila Pass tunnel that will provide all-year connectivity between Jammu and Kashmir and Ladakh Union Territories.
National Highways and Infrastructure Development Corporation (NHIDCL) opened the bids on Friday. Among the three bidders in the race including Larsen & Toubro and Ircon International JV, the Hyderabad-based company had quoted the lowest Rs 4,509.5 crore for the tunnel project.
The project holds strategic significance as Zojila Pass is situated at an altitude of 11,578 feet on the Srinagar-Kargil-Leh National Highway and remains closed during winters due to heavy snowfall.
