Construction Infrastructure
HCC-KEC JV secures Rs 1,147 cr order for Chennai metro project
Hindustan Construction Company (HCC), in a joint venture with KEC International, has awarded Rs 1,147 crore for the corridor four of phase two for construction of 7.95 km elevated viduct section and nine elevated stations by Chennai Metro Rail Limited.
HCC’s stake in the JV is 51 per cent or Rs 585 crore. The scope of work includes civil works, architectural works, plumbing and drainage and temporary services, the company said in a statement on Thursday.
The nine elevated stations include Chennai Bypass Crossing, Raricharichadra Hospital, Liaparithangal Bus Depot, Katupakkam, Kummanan Chavadi, Karyan Chavadi, Mulai Thottam, Poonamallee Bus Terminus, Poonamallee Bypass.
News Source: ConstructionWorld
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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