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NHAI Rameshwar-Paradeep Coastal Highway Project Gets Strong Response With 17 Bids

Written by: Team Angel OneUpdated on: 2 Sept 2026, 9:14 pm IST
NHAI's ₹8,300 crore coastal highway project has attracted 17 bids across two packages in Odisha.
NHAI Rameshwar-Paradeep Coastal Highway
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The proposed Rameshwar-Paradeep coastal highway in Odisha has received a strong response from bidders for both its construction packages. The project is being developed over 160 km as a new coastal road. 

The route will pass alongside and connect significant areas of the state such as tourist destinations and major port infrastructure. 

Rameshwar-Konark Stretch Draws 10 Bids 

The first package covers 79.4 km between Rameshwar and Konark and has received 10 bids. This section is planned as a four-lane access-controlled highway. 

Further along the route, the 80.7-km Konark-Paradeep package has attracted 7 bids. Unlike the first stretch, this section will have two lanes along with paved shoulders. 

Project Carries ₹8,300 Crore Cost 

The coastal highway has a capital cost of ₹8,300 crore, with a design speed of 100 km per hour. The planned road will also offer another route alongside NH-16 and NH-316. 

Several prominent locations fall along the connectivity plan, including Puri, Konark, Paradeep Port and the upcoming Puri International Airport. The route will also facilitate movement towards the developing ports of Astarang and Subarnarekha. 

Wider Road Connectivity in Odisha 

The highway will connect areas covering Khurda, Puri, Kendrapada and Jagatsinghpur districts. It is also linked to a projected 2 hours and 30 minutes reduction in travel time between Rameshwar and Paradeep. 

The project adds a dedicated coastal connection to a corridor that includes tourism centres, ports and other major infrastructure in Odisha. 

Read More: Govt Slashes Sugar Stock Holding Limit for Dealers to 2,000 Quintals Effective September 15, 2026! 

Conclusion 

The two packages have together drawn 17 bids, giving the Rameshwar-Paradeep highway project a notable bidding response. The proposed 160-km route will connect several key destinations and infrastructure hubs along Odisha's coast. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 2, 2026, 3:44 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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