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HCC joint venture bags Rs639-crore Andhra irrigation project contract new

July 31, 2008

Mumbai: Hindustan Construction Company (HCC) jointly with SEW Infrastructures Ltd and Megha Engineering & Infrastructures Ltd (MEIL) has bagged a Rs639-crore contract for building a barrage of around 3.5 km on river Pranahita near Tummidi Hetti village in Adilabad district of Andhra Pradesh.

HCC will have a share of Rs326.03 crore in the work being undertaken for the Pranahitha-Chevella Package-3 being undertaken by the Irrigation & Command Area Development (ICAD) department of the government of Andhra Pradesh.

The contract covers detailed investigation, preparation of designs, drawings and construction of a barrage including fixing of gates, head regulator and 500 meter long gravity canals. The project will be completed in 48 months.

The project is a part of the government’s ‘Jalayagnam’ programme, an initiative to provide immediate irrigation benefits to all underdeveloped regions of Andhra Pradesh.

Pranahitha-Chevella lift irrigation scheme will irrigate an ayacut of 12.20 lakh acres and provide drinking water to about 1,000 villages in Adilabad, Karimnagar, Nizamabad, Medak, Nalgonda and Rangareddy districts in Telangana region.

HCC is currently involved in construction of Godavari lift irrigation phase I and Phase II in Andhra Pradesh where Phase I has already been commissioned and phase II is in advanced stages of completion. In addition, HCC is currently executing four major projects in Andhra Pradesh, including the country’s first cavern for strategic storage of crude oil at Visakhapatnam, the Veligonda lift irrigation project, the Rajiv Sagar lift irrigation project and a 30 km highway of NHAI on NH-7 under north-south corridor on BOT basis.

HCC constructed the first bridge over the river Godavari at Shahgar, in Andhra Pradesh way back in the 1930s. Since then it has built several infrastructure projects, including the Godavari Barrage at Rajahmundry, the Papavinasam Dam, the Vizag Monolith & West Wall Protection and the Railway Bridge over Godavari which is the first and only bow-string bridge in India, the company said in a release.

HCC has so far constructed over 45 dams, barrages and 15 powerhouses in the sub continent, contributing to over 30 per cent of the country’s installed hydropower capacity.

Source: domain-b.com

Written by ITW Editor · Filed Under BOT, Construction, HCC, Infrastructure, Investment and Finance, Mumbai 

NHAI awards five projects for six-laning

February 23, 2008

NEW DELHI: The National Highways Authority of India (NHAI) awarded five projects of six laning under National Highway Development Programme phase V aggregating to a length of 882 kilometers worth Rs 10,912 crore.

The Chennai-Tada on National Highway 5 and Chilkaluripet-Vijaywada on National Highway 8 are among first batch of projects which have been awarded on new Model Concession Agreement (MCA) approved by Committee of Infrastructure, Brahma Dutt Secretary Union Surface Transport Ministry told reporters here on Friday.

Other projects are Gurgoan-Kotputli-Jaipur and Surat-Dahisar on National Highway 8 and Panipat-Jalandhar on National Highway 1. Stating that these sections of six-laning are under Golden Quadrilateral (GQ) and North-South Corridor Dutt said the response to the six-laning projects under Build-Operate-Terminate model have so far been tremendous.

“The negative grant has been changed to revenue share model in the new MCA under which the five projects have been awarded. None of the successful bidders have asked for any grant from NHAI,” Dutt said.

Instead of demanding grant, they have all quoted for sharing of revenue with NHAI, he added. For instance Larsen & Tubro-ECC who won the Chennai-Tada project have offered to share 17 per cent of the revenue.

Dutt also pointed out that these projects have been able to attract foreign direct investment. Except for Chennai project whose bid was won by Indian infrastructure major all other successful bidders had equity participation from foreign companies.

Centre had approved seven phases of National Highways Development Programme at an estimated cost Rs 2,42000 crore. Of this under phase V, total 6500 kilometers of existing four-laned National Highways have to be widened to six land through BOT basis following Design Build Finance and Operation (DBFO) model.

Written by ITW Editor · Filed Under BOT, Expressway, Highway, NHAI 

L&T wins Rs4.2bn road project in TN

February 22, 2008

This order is part of the five road-widening proposals worth Rs109.1bn cleared by the Government. L&T will convert a 43.4-kilometer four-lane road into a six-lane one

Larsen & Toubro Ltd. (L&T) has bagged an order worth Rs4.2bn for converting a 43.4-kilometer four-lane road into a six-lane one in Tamil Nadu, Brahm Dutt, Secretary for Road Transport & Highways, said in New Delhi today. This order is part of the five road-widening proposals worth Rs109.1bn cleared by the Government.

A consortium of Emirates Trading Agency LLC and KMC Constructions Ltd. won a Rs19bn contract to widen 225.6 kilometers road in Haryana and Rajasthan, Dutt said. IRB Infrastructure Developers Ltd. and Deutsche Bank AG won a Rs17bn contract for a project covering 239 kilometers in Gujarat and Maharashtra.

A group comprising Malaysia’s IJM Corp. and Infrastructure Development Finance Ltd. (IDFC) bagged a Rs6.75bn order for a project in southern India. Spanish construction group Grupo Isolux Corsan SA won a Rs27.5bn contract to widen a 291-kilometers road stretch between Haryana and Punjab, Dutt said.

Source: indiainfoline.com

Written by ITW Editor · Filed Under BOT, Larsen & Turbo