NEW DELHI: Megha Engineering & Infrastructure Ltd (MEIL) has emerged as the lowest bidder for the prestigious Zojila Pass tunnel project running through the Jammu and Kashmir and Ladakh union territories, according to the National Highways and Infrastructure Development Corporation Ltd (NHIDCL).
The company was among the three bidders in the race, including Larsen & Toubro and Ircon International JV. Megha, however, had the lowest quote at Rs 4,509.5 crore for the tunnel project, which has remained stuck for over six years now.
