The Company had submitted a bid with the Public Works Department, Government of Rajasthan for Development and Operation of Sikar-Bikaner Section from Km 340.188 of NH-11 to Km 557.775 of NH-11 via Sikar Bypass and Bikaner Bypass from Km 553.869 of NH-11 to Km 267.325 of NH-89 for Two Laning with paved shoulder in the State of Rajasthan through Public-Private Partnership on Design, Build, Finance, Operate and Transfer (DBFOT) basis (the "Project"). The Project is on Toll basis with a concession period of 25 years including construction period of 2 years and the estimated cost of the Project is Rs. 650.84 Crores. The Company had quoted a Grant of Rs. 247.32 Crores for Project. The Company was a Sole Bidder for the Project.