IL&FS get LoI for US$263.9mn Kiratpur Ner Chowk Expressway contract

Kiratpur Ner Chowk Expressway has given IL&FS Engineering Services (IL&FS) a letter of intent (LoI) for an engineering, procurement and construction (EPC) contract in India worth US$263.9 million (INR 14.36bn). Under the deal, IL&FS will undertake a scope of work including minor bridges, five tunnels, 18 major bridges, toll plazas, 67.3km of road work and related infrastructure. The expressway project includes the EPC contract as well as expanding the Kiratpur Ner Chowk section of the National Highway 21 in
March 15, 2013 Read time: 1 min
Kiratpur Ner Chowk Expressway has given IL&FS Engineering Services (IL&FS) a letter of intent (LoI) for an engineering, procurement and construction (EPC) contract in India worth US$263.9 million (INR 14.36bn).

Under the deal, IL&FS will undertake a scope of work including minor bridges, five tunnels, 18 major bridges, toll plazas, 67.3km of road work and related infrastructure. The expressway project includes the EPC contract as well as expanding the Kiratpur Ner Chowk section of the National Highway 21 in Punjab and Himachal Pradesh. Scheduled for completion within 1,005 days of the date of work commencement, the 84km road project will cover the districts of Bilaspur and Manali in Himachal Pradesh and Rupanagar district in Punjab.

To undertake the expressway project, ITNL created Kiratpur Ner Chowk Expressway as a special purpose vehicle.

Related Content

  • WCT secures US$319.69mn Oman expressway construction deal
    August 30, 2012
    Malaysian construction firm WCT has secured a contract worth US$319.69 million (MYR 1bn) for the construction of a 44.75km expressway in Oman. According to a statement, WCT will be undertaking the project through a joint venture with Oman Roads Engineering within a period of three years.
    Read More
  • Four-lane India highway project secured by IRB Infrastructure
    April 30, 2014
    The National Highways Authority of India has awarded a US$529.67 million (INR 32 billion) Yedeshi-Aurangabad NH21 four-lane highway project in India to India-based IRB Infrastructure Developers (IRB Infrastructure). With a concession period of 26 years, the project is scheduled for completion in 910 days.
    Read More
  • Major road projects in Mumbai and Bihar
    July 28, 2025
    Tender processes for Mumbai construction projects to start soon
    Read More
  • Chinese firm wins highways expansion project to decongest Nairobi
    January 5, 2017
    A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i
    Read More

Highlighted Content