SSBIVL Secures ₹249.47 Cr NH-63 Four-Laning Contract

Shri Satyasai Baba Infra Ventures Ltd (SSBIVL), a Latur-based infrastructure company, has emerged as the lowest bidder (L1) for a four-laning project on the Yedshi–Latur section of NH-63 in Maharashtra. The project was tendered by the Ministry of Road Transport and Highways (MoRTH).

The project involves the rehabilitation and upgradation of a 37.525 km stretch—from km 24.350 to km 61.875—to a four-lane configuration with paved shoulders. The work will be executed on an Engineering, Procurement, and Construction (EPC) basis.

Financial bids were opened on 6 June 2025, and SSBIVL submitted the lowest bid of ₹249.47 crore. A total of 16 bidders participated in the financial bidding process, although one was disqualified during the technical evaluation.

News by Rahul Yelligetti.