"National Highways Authority of India (NHAI) has received a strong response from bidders for the 111 km six-lane Access Controlled Greenfield Capital Region Ring Road (Bhubaneswar Bypass) project in Odisha.

Bids were invited in three packages under the Hybrid Annuity Mode (HAM). Package I received 23 bids, Package II drew 25 bids, and Package III attracted 16 bids, reflecting robust competition across all sections. The contracts are expected to be awarded by March 2026, with construction scheduled for completion within 2.5 years from award.

The project, approved by the Union Cabinet, involves development of a 111 km ring road from Rameshwar to Tangi at an estimated capital cost of Rs 83.07 billion. Approximately 96 per cent of land acquisition has been completed, along with forest, wildlife and environmental clearances.

The Capital Region Ring Road is designed to ease congestion in Bhubaneswar, Cuttack and Khordha, while enhancing regional mobility. The access-controlled corridor is expected to reduce logistics costs, improve travel safety and speed, generate employment and support long-term economic growth across the region."