IVRCL clinch US$293.07mn deal to build 151km Indian highway

The Haryana state government in India has given IVRCL a deal worth US$293.07 million (INR 16.05bn) to build a 151km road between Kharak and Malikhapur. The project is scheduled to be completed in 30 months, with financing set to be secured in the next six months.
December 5, 2012 Read time: 1 min
The Haryana state government in India has given 1318 IVRCL a deal worth US$293.07 million (INR 16.05bn) to build a 151km road between Kharak and Malikhapur. The project is scheduled to be completed in 30 months, with financing set to be secured in the next six months.

For more information on companies in this article

Related Content

  • PNG seek US $ 305.13mn for major road improvement projects
    October 26, 2012
    Powes Parkop, the Governor of National Capital District (NDC) Province in Papua New Guinea (PNG), says US $ 305.13 million (PGK 629mn) is being sought by the provincial government for road improvements. Of the targeted total, PGK 600mn is earmarked for the 2013 upgrade of several major routes including the Kookabara Street-Sir John Guise Drive flyover, the Erima roundabout, and the Paga Hill ring road. Some of the sum will also be allocated to build a four-lane road to link Bautama with Gerehu in preparati
    Read More
  • Brisbane’s Clem Jones tolled road tunnel goes up for sale
    April 30, 2013
    KordaMentha, a receiver, and investment bank Goldman Sachs have put the Clem Jones tolled road tunnel in Brisbane, Australia up for sale. Queensland Motorways as well as local and overseas pension funds are reported to be planning to bid for the asset, estimated to be worth US$617.15 million (AUD 600mn). The closing date for first round bids is expected in middle of June 2013 and completion of the deal is scheduled at the end of September 2013. The Clem Jones tunnel is owned by River City and the company ha
    Read More
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
    Read More
  • Switzerland to invest €821.07mn more on congestion reduction
    June 17, 2014
    A further €821.07 million (CHF 1 billion) is to be spent on reducing traffic problems on Swiss roads, including the A4. The FORTA fund should be used to finance the expansion of the motorways between Meyrin and Vernier-Le Vengeron, Luterbach and Harkingen and Andelfingen and Winterthour. A further €32.83 million should be spent on work around Crissier, which already benefited from €98.51 million of the €1.14 billion allotted in the first phase of traffic jam reduction. The second €816.85 million phase is to
    Read More

Highlighted Content