KRC ALTIS JV Emerges Lowest Bidder for ₹631.24 Crore Railway Doubling Project in Karnataka
A major development has emerged in the Indian railway infrastructure sector as financial bids have been opened for the Broad Gauge (BG) line project between Thimmarajanahalli and Tavarekere stations under the Tumkur–Chitradurga–Davangere railway corridor in Karnataka. The project includes track works along with Electrical, Signal, and Telecommunication (S&T) systems. With an estimated tender value of ₹631.24 crore, several leading railway and infrastructure companies participated in the bidding process. KRC ALTIS Joint Venture has emerged as the lowest bidder (L1), offering a significant discount of 21.10% below the estimated cost.
Project Overview
The tender covers the construction and associated railway infrastructure works between Thimmarajanahalli and Tavarekere stations as part of the strategic Tumkur–Chitradurga–Davangere rail project.
Scope of Work Includes:
- Broad Gauge Railway Line Construction
- Electrical Works
- Signal & Telecommunication (S&T) Systems
- Associated Railway Infrastructure Development
Tender Details
| Particulars | Details |
|---|---|
| Project Name | BG Line Between Thimmarajanahalli and Tavarekere Stations |
| Corridor | Tumkur–Chitradurga–Davangere Railway Project |
| Estimated Cost (NIT) | ₹631.24 Crore |
| State | Karnataka |
| Sector | Railway Infrastructure |
Bid Results
| Rank | Bidder | Bid Value (₹ Cr) | Variation |
|---|---|---|---|
| L1 | KRC ALTIS Joint Venture | 498.05 | -21.10% |
| L2 | TTIPL-SGRLP JV | 528.41 | -16.29% |
| L3 | Power Mech Projects Ltd. | 539.08 | -14.60% |
| L4 | DRN Infra Pvt. Ltd. | 540.34 | -14.40% |
| L5 | MKC Infrastructure Ltd. | 542.80 | -14.01% |
| L6 | Rail Vikas Nigam Ltd. (RVNL) | 552.27 | -12.51% |
| L7 | Ashoka Buildcon Ltd. | 557.38 | -11.70% |
| L8 | Ravi Infrabuild Projects Ltd. | 582.19 | -7.77% |
| L9 | IRCON International Ltd. | 665.08 | +5.37% |
| L10 | DCC Infra Projects Ltd. | 725.67 | +14.97% |
| L11 | Jhajharia Nirman Ltd. | 776.24 | +22.98% |
| L12 | Patel Infrastructure Ltd. | 825.54 | +30.79% |
| L13 | DRA Infracon Pvt. Ltd. | 873.00 | +38.31% |
| – | PNC Infratech Ltd. | Disqualified | – |
Key Highlights
- KRC ALTIS Joint Venture secured the lowest bid at ₹498.05 crore.
- The quoted value is approximately 21.10% below the estimated project cost.
- Several major railway EPC players including RVNL, IRCON, Ashoka Buildcon, Power Mech Projects, and PNC Infratech participated.
- The project is expected to improve rail connectivity across Karnataka’s growing industrial and logistics regions.
- Signal, telecommunication, and electrification works are included within the contract scope.
Impact on Railway Infrastructure
The Tumkur–Chitradurga–Davangere corridor is a strategically important railway route in Karnataka. Once completed, the project will enhance freight movement, improve passenger connectivity, and strengthen regional economic development. The inclusion of modern signaling and telecommunications systems will also contribute to safer and more efficient railway operations.
Extra Safety Tips 2026
• Verify official tender award notifications before considering final contract allocation.
• Monitor Letter of Acceptance (LoA) announcements for confirmation of the winning bidder.
• Track project execution timelines and milestone achievements.
• Follow Railway Board and project authority updates for latest developments.
• Review technical qualification results along with financial bid outcomes.
FAQs
Q1. Who emerged as the lowest bidder (L1)?
KRC ALTIS Joint Venture emerged as the L1 bidder with a quote of ₹498.05 crore.
Q2. What is the estimated project cost?
The estimated tender cost is ₹631.24 crore.
Q3. Which railway corridor does this project belong to?
It is part of the Tumkur–Chitradurga–Davangere railway project in Karnataka.
Q4. What works are included in the contract?
The contract includes BG line construction, electrical works, signaling, and telecommunication systems.
Q5. Which company was disqualified?
PNC Infratech Limited was reported as disqualified during the bidding process.
| SEO Element | Details |
|---|---|
| Focus Keyword | Thimmarajanahalli Tavarekere Railway Project |
| SEO Title | KRC ALTIS JV Emerges L1 Bidder for ₹631.24 Crore Karnataka Railway Project |
| Meta Description | KRC ALTIS JV becomes L1 bidder with ₹498.05 crore quote for the Thimmarajanahalli-Tavarekere railway project in Karnataka. |
| Category | Infrastructure News |
| Tags | Railway Tender, Karnataka Railway Project, RVNL, IRCON, Ashoka Buildcon, Infrastructure News |
| Reading Time | 4-5 Minutes |
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Conclusion
The financial bid results indicate strong competition among India’s leading railway infrastructure companies for the Thimmarajanahalli–Tavarekere BG line project. With KRC ALTIS Joint Venture emerging as the lowest bidder at ₹498.05 crore, the project now moves closer to the award stage. Stakeholders will be watching for the official Letter of Acceptance and subsequent construction milestones as this important Karnataka railway corridor progresses toward implementation.
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Comments
What do you think about the aggressive 21.10% discount quoted by KRC ALTIS JV? Share your views in the comments below.
AFFAN
OwnerOwner & Editor – 9to6 Update
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