The National Highways Authority of India (NHAI) has officially released the financial evaluation results for the construction of a 4-Lane Access Controlled Highway connecting Vakalapudi Light House to Annavaram on NH-516F in Andhra Pradesh. This mega infrastructure project is part of the Bharatmala Pariyojana Phase-I initiative aimed at strengthening India’s highway network and improving regional connectivity. The tender evaluation reveals a competitive bidding process among major infrastructure companies, with PSK Infrastructure and Projects Private Limited securing the top position. This development is expected to accelerate road infrastructure growth in Andhra Pradesh while creating significant opportunities for contractors, engineers, and construction professionals.

Project Overview

The project involves the construction of a 4-Lane Access Controlled Highway from Vakalapudi Light House to Annavaram on NH-516F covering Km 0+000 to Km 40+621 under the HAM (Hybrid Annuity Model) framework. The project falls under Bharatmala Pariyojana Phase-I and is expected to enhance transportation efficiency in Andhra Pradesh.

NHAI Financial Evaluation Result

According to the official NHAI financial evaluation document, the bids submitted by various infrastructure companies were analyzed against the estimated project cost. The evaluation determines the financial competitiveness of each bidder and their ranking in the tender process.

PSK Infrastructure Secures Rank 1

M/s PSK Infrastructure and Projects Private Limited emerged as the lowest bidder (L1) with a quoted bid of ₹988 Crore. The company’s bid was significantly below the expected project cost, helping it secure the first rank in the financial evaluation process.

This achievement highlights the company’s strong competitive position in India’s rapidly expanding highway construction sector.

Top Bidders in the Tender Evaluation

NHAI NH-516F Andhra Pradesh Highway Tender Financial Evaluation – Bidder Ranking Table

✅ L1 Bidder: PSK Infrastructure and Projects Pvt. Ltd.

✅ Quoted Bid: ₹988 Crore

✅ Savings Against Project Cost: Approximately 24.08% lower

✅ Project: NH-516F Access Controlled Highway (Vakalapudi Light House to Annavaram)

✅ Authority: National Highways Authority of India

✅ Project Model: Hybrid Annuity Model (HAM)

✅ State: Andhra Pradesh

• NHAI Tender Result 2026
• NH516F Highway Project
• PSK Infrastructure L1 Bidder
• Andhra Pradesh Highway Tender
• Bharatmala Pariyojana Project
• NHAI Financial Evaluation Result
• Highway Construction Tender India
• NH516F Access Controlled Highway

Several reputed infrastructure companies participated in the bidding process. Infrastructure developers specializing in highways, bridges, and transportation projects submitted competitive proposals under the Hybrid Annuity Model.

The evaluation demonstrates strong industry interest in NHAI projects, reflecting confidence in India’s ongoing infrastructure development initiatives.

Importance of Bharatmala Pariyojana

Bharatmala Pariyojana is one of India’s largest highway development programs. The scheme focuses on economic corridors, border roads, coastal connectivity, and expressways to improve logistics efficiency and reduce transportation costs.

Projects like the NH-516F corridor play a crucial role in supporting industrial growth, tourism, and regional economic development across Andhra Pradesh.

Impact on Infrastructure Sector

The successful award of this project is expected to generate employment opportunities for engineers, project managers, site supervisors, quality control professionals, and construction workers. It will also contribute to faster movement of goods and passengers across the region.

With continued investment from NHAI, India’s road infrastructure sector remains one of the fastest-growing segments of the economy.

Tender Evaluation Summary Table

Extra Safety Tips 2026

• Verify all tender information through official NHAI notifications.

• Review eligibility criteria before participating in infrastructure tenders.

• Ensure compliance with HAM project requirements.

• Monitor project deadlines and bid submission timelines.

• Maintain updated technical and financial documentation.

FAQs

Q1. Which company secured the first rank in the NHAI tender evaluation?

PSK Infrastructure and Projects Private Limited secured Rank 1 in the financial evaluation.

Q2. What is the project location?

The project is located in Andhra Pradesh on NH-516F between Vakalapudi Light House and Annavaram.

Q3. What is the project delivery model?

The project will be executed under the Hybrid Annuity Model (HAM).

Q4. Under which scheme is the project being developed?

The project is part of Bharatmala Pariyojana Phase-I.

Q5. What is the approximate project cost quoted by the lowest bidder?

The lowest quoted bid is approximately ₹988 Crore.

Join Our WhatsApp Channel

Conclusion

The release of the NHAI financial evaluation results marks an important milestone for the NH-516F Access Controlled Highway project in Andhra Pradesh. With PSK Infrastructure and Projects Private Limited emerging as the lowest bidder, the project is expected to move closer to the award and execution stage. As part of the Bharatmala Pariyojana Phase-I program, this highway corridor will significantly improve regional connectivity, logistics efficiency, and economic development. The project also highlights the continued momentum in India’s infrastructure sector, reinforcing the government’s commitment to expanding world-class transportation networks across the country.

Related Posts

• AI Fashion Pose Prompt 2026: Single Pose Prompts से Viral Kids Fashion Images कैसे बनाएं
• Import Clearance Manager Recruitment 2026: Sricity में 12–18 Years Experienced Candidates के लिए शानदार अवसर
• 🚇 DRA Infracon CMRL Hiring 2026: I Applied to India’s Most Prestigious Metro Project — Here’s What Nobody Tells You
• 🚨 AGM Accountant Job Srinagar 2026: Leading Agribusiness Company
• NHIDCL Invites ₹311.85 Crore EPC Tender for NH-717B Road Widening Project in Sikkim | Complete Tender Details 2026

Comments

What do you think about this NHAI highway project update? Share your opinion in the comments below.

AFFAN

Owner

Owner & Editor – 9to6 Update

Passionate digital publisher, technology enthusiast, and career information curator behind 9to6 Update. Dedicated to delivering the latest job alerts, AI tools, technology news, infrastructure updates, and practical guides in a simple and easy-to-understand format. Through 9to6 Update, the mission is to help job seekers, professionals, students, and tech enthusiasts stay informed about emerging opportunities and digital trends. The platform focuses on reliable information, career growth resources, and modern technology insights for readers across India.

 https://openworld365.com