Dhariwal Buildtech has emerged as the lowest bidder (L1) for the construction of a four-lane section of NH-530B in Uttar Pradesh.
The project, under Package-IV, involves the four-laning of the highway from Chandan Nagar (existing km 96.200 of NH-530B) to the Bareilly bypass end (existing km 267.000 of NH-30) in Bareilly district. The company won the contract with a bid value of ₹695.21 crore.
Dhariwal Buildtech has recently secured a significant contract for the four-laning of a section of National Highway 530B (NH-530B) in Uttar Pradesh. The project, designated as Package-IV, involves expanding the highway from Chandan Nagar (existing km 96.200 of NH-530B) to the Bareilly bypass end (existing km 267.000 of NH-30) in Bareilly district.
The awarded project focuses on enhancing a crucial segment of NH-530B, aiming to improve traffic flow and connectivity in the region. The scope of work includes upgrading the existing two-lane road to a four-lane configuration, incorporating modern design standards to accommodate increased vehicular movement and ensure safer travel.
Strategic Importance
The NH-530B serves as a vital corridor in Uttar Pradesh, linking various economic and cultural hubs. The expansion of this highway segment is anticipated to:
- Boost Economic Activities: Facilitate smoother transportation of goods and services, thereby enhancing trade within the state.
- Reduce Traffic Congestion: Alleviate current traffic bottlenecks, leading to reduced travel times for commuters and freight carriers.
- Enhance Road Safety: Implement modern road safety features to decrease the likelihood of accidents.
Project Execution and Timeline
While specific details regarding the project’s financial outlay and completion schedule have not been publicly disclosed, it is expected that Dhariwal Buildtech will adhere to the standards and timelines set forth by the National Highways Authority of India (NHAI). Typically, such infrastructure projects are executed under the Hybrid Annuity Model (HAM), which combines government support with private investment to ensure timely and efficient project delivery.
Dhariwal Buildtech’s Role
Emerging as the lowest bidder (L1) for this project underscores Dhariwal Buildtech’s competitive position in the infrastructure sector. The company’s selection reflects its capability to undertake large-scale projects and contribute to the development of the nation’s highway network.
Context within NH-530B Developments
The NH-530B has been the focus of several enhancement projects aimed at improving regional connectivity. For instance, G R Infraprojects was previously declared the lowest bidder for the four-laning of the Kasganj Bypass-Chandan Nagar section of NH-530B in Uttar Pradesh. This project, valued at ₹1,085.47 crore, is being executed on a hybrid annuity mode (HAM).
Similarly, PNC Infratech has been involved in the four-laning of the Mathura Bypass to Gaju Village portion of NH-530B, also under the HAM model, with a project cost of ₹885 crore. The awarding of the NH-530B Package-IV project to Dhariwal Buildtech marks a significant step in the ongoing efforts to upgrade Uttar Pradesh’s transportation infrastructure. The project’s successful completion is expected to enhance regional connectivity, stimulate economic growth, and improve road safety for all.
Group Media Publication
Construction, Infrastructure and Mining
General News Platforms – IHTLive.com
Entertainment News Platforms – https://anyflix.in/
Legal and Law News Platforms – https://legalmatters.in/
