Construction Infrastructure
NHAI invites bids for a part of the Vadodara-Mumbai expressway
The National Highways Authority of India (NHAI) has issued a tender to develop a portion of the Vadodara-Mumbai eight-lane access-controlled highway.
The work area includes the construction of an eight-lane access-controlled expressway from 69.800 km to 79.783 km (spur of Bhoj to Morbe section-Vadodara-Mumbai Expressway) in Maharashtra hybrid annuity mode under Bharatmala Project (Phase-II Package-XVII) . The project is worth Rs 1,693.93 crore.
Despite the challenges of the Covid-19 pandemic, NHAI continues to operate at a rapid pace. In the last financial year, NHAI built a record 4,192 km, which is 3,979 km built in 2019-20 and 3,380 km in 2018-19.
News Source: ConstructionWorld
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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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