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

  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More
  • New international trade crossing linking Canada and US
    June 9, 2015
    The Detroit River is short, only 45km, and narrow in places, less than 1km. Around a quarter of the annual $658 billion Canada-US trade crosses over the river. That’s $160 billion worth of goods trucked each year between Detroit in the US state of Michigan and the Canadian city of Windsor in the province of Ontario - the Windsor-Detroit Corridor. There are several types of crossings, but the vast majority of commercial traffic must use the 2.3km Ambassador Bridge (see box). A new bridge was initially prop
    Read More
  • Qatar reveals plans for US$12.36bn infrastructure projects
    January 16, 2014
    The Government of Qatar is reportedly near to agreeing deals for delivering a number of vital road transport and other infrastructure projects worth a combined US$12.36 billion (QAR 45 billion). Seven major expressways, other road development and repair projects, and key sewage infrastructure works make up the planned projects’ package. The expressway projects will have a combined road length of 900km, subways, flyovers and 240 major interchanges. In addition, the expressway projects will also include a h
    Read More
  • Key project for India
    February 15, 2012
    In India a major highway deal has been agreed for a road project in Gujarat worth an estimated US$810.8 million.
    Read More

Highlighted Content