NHAI awards 5 road projects contracts

February 24, 2008

It is reported that National Highway Authority of India has awarded 5 road projects worth INR 109.12 billion to private companies.

1. Larsen & Toubro, a highway widening project in southern India for INR 4.19 billion rupees

2. A JV company between Soma Enterprise and Isolux Corsan JV has won a road project in northern India for INR 27.5 billion

3. A JV company between IRB Infrastructure Developers and Deutsche Bank got the contract to widen a highway in western India for INR 16.94 billion

Mr Bhram Dutt secretary at transport ministry said that the projects are part of India’s INR 2.42 trillion national highway development programs.

India is seeking active private participation to build roads, airports and power plants as the government is unable to raise the funds needed to finance them on its own.

Source: steelguru.com

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  1. online indane gas on December 24th, 2015 2:58 pm

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    NHAI awards 5 road projects contracts : Indian Tollways…

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