Megha Engineering lowest bidder for Zojila tunnel, quotes Rs 4,509 cr for project
NEW DELHI: Megha Engineering & Infrastructure Ltd (MEIL) emerged as the lowest bidder for the prestigious Zojila Pass tunnel to provide all-year connectivity between Jammu and Kashmir and Ladakh union territories, the National Highways and Infrastructure Development Corporation Ltd (NHIDCL) said on Friday.
Among the three bidders in the race including Larsen & Toubro and Ircon International JV, the Hyderabad-headquartered company had quoted the lowest Rs 4,509.5 crore for the tunnel project, stuck for over six years now.
