Indian investment

The National Highway Authority of India is awarding a US$244 million road project to IVRCL Infrastructures and Projects (IVRCL).
February 7, 2012 Read time: 1 min
The 292 National Highways Authority of India is awarding a US$244 million road project to 1318 IVRCL Infrastructures and Projects (IVRCL). IVRCL's subsidiary 1319 IVR Prime will upgrade a section on the Chengapalli to Coimbatore bypass into a six lanes, with three running in either direction. The firm will have a 27 year concession period for the project, including a construction phase of 30 months. In addition the firm will also handle a new four-lane road project near Coimbatore in India.



For more information on companies in this article

Related Content

  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More
  • Indian expressway concession agreed
    January 24, 2022
    A key expressway concession is agreed for Uttar Pradesh in India.
    Read More
  • India tollway deal plus work for roads, bridges and tunnels
    July 11, 2017
    A 21-year concession deal has been agreed for the widening project for a 114km stretch of road linking Gujarat and Rajasthan states in India. The route will be widened to six lanes, with three in either direction. The project financing is worth over US$226 million, with a group of lenders having agreed the terms for the project with the National Highways Authority of India (NHAI). The agreement has been achieved by Udaipur Tollways, disclosed IRB Infrastructure Developers, which owns the special purpose veh
    Read More

Highlighted Content