Road & Highway
MoRTH speeds up ₹1 lakh-cr Delhi-Mumbai expressway
The Central government has decided to build the ₹1 lakh crore Delhi-Mumbai expressway green field project and the entire project is likely to be awarded in one go, said sources, elaborating that NHAI is gearing up to award the contract of highway and start construction work this fiscal itself. The proposed expressway will pass through cities like Mewat, Ratlam and Dahod and will also crisscross Haryana, Rajasthan, Madhya Pradesh, Gujarat and Maharashtra and will reduce travel time between the two metro cities by half.
DBL bags ₹1,027 cr contract in Karnataka
Dilip Buildcon Ltd (DBL) recently announced that its wholly-owned arm has executed a concession pact with the National Highway Authority of India for a road project in Karnataka. DBL Bellary Byrapura Highways Pvt Ltd, and has inked an agreement with National Highways Authority of India at a cost of ₹1,027 crore.
Karnataka cracks ₹15,825 cr road corridors
The state government in Karnataka announced the construction of three major elevated corridors and also other three connecting corridors with a length of 95 km involving an investment of ₹15,825 crore, state CM said, claiming that elevated road projects would be constructed in five phases in four years.
UP awards 8 Phases of ₹23,000 cr Purvanchal e-way
The Uttar Pradesh government has awarded eight phases of the 354-km long Purvanchal Expressway entailing an investment of ₹23,000 crore. The project has been awarded to five companies including PNC Infratech Limited, Gayatri Projects, GR Infra, Oriental Structural Engineering and Apco Infra, said an official spokesperson, elaborating that the PNC Infratech, Gayarti Projects and GMR Infratech bagged two packages each, Apco and Oriental secured one package each. Similarly, Gayatri projects has been declared as the lowest bidder for packages I and II at a cost of ₹1,483 crore and ₹1,276 crore respectively, while package II has gone to Apco for ₹1,380.74 crore. Likewise, Packages IV and VII have been awarded to GR Infra at a construction cost of ₹1,497 crore and ₹1,437.47 crore respectively. Packages V and VI have been awarded to PNC Infra at ₹1,566 and ₹954 crore while package VIII has been bagged by Oriental Structural Engineering at an investment of ₹1,621.89 crore.
Welspun Enterprises wins ₹2,004 cr contract
Welspun Enterprises has received the Letter of Award from National Highways Authority of India (NHAI) for the construction of four laning of Sattanathapuram to Nagapattinam section of NH-45-A (New NH -332) on Hybrid Annuity Mode (HAM) model. The consortium led by the winning company will develop the project at a cost worth ₹2,004. 51 crore.
NHAI launches ₹767 cr Madurai highway project
The NHAI has recently initiated the construction work on the ThanjavurMadurai green field road project at an investment of ₹767 crore, whereby, the project involves developing a new road between Thanjavur and Karaikudi via Pudukottai with a length of about 95 to 100 km and widening the existing 46-km twolane road from Karaikudi to Melur into four lanes under the Bharatmala Pariyojana-I.
NHIDCL wins ₹519 cr NH project in Assam
The NHIDCL recently bagged the work for 4-laning of Balachera–Harangajao section of NH-54 at an investment of ₹519.30 crore. The project, which has been awarded on the engineering procurement and construction model, got severely affected by landslides, hill movement, slips failure and sinking.
NHAI eyes ₹62,000 cr highway financing
The National Highways Authority of India (NHAI) has decided to generate about ₹62,000 crore, the target it has set for itself for the current fiscal for financing highway projects. It may be recalled that NHAI raised about ₹52,000 crore during 2017-18 as the apex authority has been authorized issuing bonds, including masala bonds (on international stock exchanges), under section 54EC of Income Tax Act.
MoRTH kick-start ₹5,124 cr projects in AP
Adding to the road infrastructure at the Vijagport in Visakhapatnam in Andhra Pradesh, the Union transport minister recently laid the foundation stones for score of road and highway projects involving a whopping investment worth ₹5,124 crore. The first project, which entailed an investment of ₹2,562 crore, has been taken up under an ambitious road building program covering the entire Himalayan belt and named as Bharatmala.
Haryana clears ₹150 cr road project in Gurgaon
The state government in Haryana has recently cleared a new road project entailing an investment of ₹150 crore, state PWD Minister Rao Narbir Singh said that the project will provide direct connectivity to Vasant Kunj in Delhi to MG Road in Gurugram and this road would further be linked with Delhi Jaipur Highway.