NHAI is taking bids worth ₹991.61 crore for a six-lane elevated corridor from Maduravoyal Junction to the Chennai Outer Ring Road on NH-48, and bidding closes on 17 September 2026.
The corridor runs from chainage km 13.965 at Maduravoyal to km 22.100 at the Outer Ring Road, with junction improvements at km 22.368. That is roughly 8 km of elevated structure over one of the busiest approaches into Chennai, and it is being procured on hybrid annuity mode.
Building above live traffic
The whole difficulty of this job is that NH-48 stays open while you build over it. Pier locations sit in or beside the running carriageway, so foundation work happens in short possessions, usually at night, with traffic management that has to be maintained every single day of the contract.
That changes how the work is planned. Precast segments cast off site and erected in narrow windows are the normal answer, because in-situ decks over live lanes cost far more in closures than they save in casting yard setup. A bidder who prices this as an ordinary elevated road without allowing for the possession regime will be short.
Utility diversion is the other Chennai-specific risk. Water, sewer and cable runs along this stretch are dense, and moving them is usually on the critical path before a single pier can be sunk.
What hybrid annuity means for the bidder
On hybrid annuity, NHAI pays part of the project cost during construction and the rest as annuities over the operations period, and the contractor carries the balance. So this is not a pure works contract paid on measurement. You need the balance sheet to fund your share and the appetite to hold the asset through the annuity term, which is why the likely bidders here are the larger structures specialists rather than general road contractors.
Earnest money is ₹9,92,00,000, almost exactly one per cent of the estimate, with a tender fee of ₹1,00,000 and 120-day bid validity across two covers.
Who benefits below the main contract
Elevated corridor work subcontracts heavily. Casting yard operation, segment transport, pile boring, traffic management and the junction improvement works at km 22.368 are all packages a mid-size Chennai firm can take. Plant owners around Chennai, Kanchipuram and Tiruvallur should watch the award, because this kind of job hires more than it owns.
Plant an elevated corridor runs
Piling rigs come first for the pier foundations, working in tight bays beside live lanes. Cranes then do most of the visible work: handling reinforcement cages, lifting pier caps and erecting segments or girders, usually at night. Concrete supply is the constraint that shapes everything, so a batching plant with reliable transit access and mixers sized for night pours matters more here than raw fleet size.
At ground level the work is smaller in scale but constant. Excavators and backhoe loaders handle utility diversion trenches, pile caps and drainage, and the junction improvements bring in pavers, rollers and compactors for the approach and slip road surfacing.
Key facts
Tender ID
2025_NHAI_245545_1
Reference no.
TNDIV-21013/64 /2024-PIU Chennai-I
Issuing authority
National Highways Authority of India, Head Office, PIU Chennai-I
Location
Maduravoyal Junction km 13.965 to Chennai Outer Ring Road km 22.100, NH-48, Chennai, Tamil Nadu
Estimated value
₹991.61 crore
EMD
₹9,92,00,000
Tender fee
₹1,00,000
Form of contract
Works, hybrid annuity mode, two covers, 120-day bid validity
Search by tender ID 2025_NHAI_245545_1 (reference no. TNDIV-21013/64 /2024-PIU Chennai-I) under National Highways Authority of India.
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Download the NIT and tender document, and read the traffic management and possession conditions closely. This tender has been amended twelve times, so work from the latest corrigendum.
NHAI has invited bids for a six-lane elevated corridor on NH-48 from Maduravoyal Junction at km 13.965 to the Chennai Outer Ring Road at km 22.100, with junction improvements at km 22.368. The estimate is ₹991.61 crore and bids close on 17 September 2026.
What are the EMD and tender fee?
Earnest money is ₹9,92,00,000, which is about one per cent of the estimate, and the tender fee is ₹1,00,000.
What does hybrid annuity mode mean for this contract?
NHAI pays part of the cost during construction and the balance as annuities afterwards, with the contractor funding its share in between. That needs a stronger balance sheet than a measured works contract, which narrows the field of likely bidders.
What makes this job harder than a normal elevated road?
NH-48 stays open throughout. Piers sit in or beside running lanes, so foundation and erection work happens in short night possessions with continuous traffic management, and dense utility runs along the stretch usually have to be diverted first.
Tender details are summarised for convenience and may change. Always verify the latest dates, terms and documents on the official tendering portal before bidding. DesiMachines is not responsible for changes made by the issuing authority.
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