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

  • Indian ring road project awarded
    May 8, 2023
    A major Indian ring road project has been awarded in Telengana State.
    Read More
  • Kenya/Tanzania’s US$ 262.2mn transborder road
    April 23, 2013
    More than US$260 million will be spent on creating a 157.5km-long link road between Kenya and Tanzania. Of the total with $262.2 million project cost, the African Development Bank (AfDB) has offered a loan of $232.5 million, while the Africa Trade Fund will provide a trade grant of $740,000. The governments of Kenya and Tanzania have pledged $12.3 million and $15.6 million respectively. The project consists of a stretch between Voi and Taveta, Kenya as well as another between Holili and Arusha, Tanzania, an
    Read More
  • US highway bill receives temporary extension
    June 3, 2015
    The US president recently signed a short term extension for highway funding. This two month extension will provide funding for highway infrastructure until the end of July. This is a very temporary measure made as the US Government has so far been unable to agree the longer term deal that will guarantee highway investment. The president did propose a six-year transportation bill worth some US$478 billion. This would have given the necessary funds to deliver the much-needed investment in the country’s transp
    Read More
  • New South Wales is seeking financial packers for WestConnex in Sydney
    June 19, 2015
    Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as
    Read More

Highlighted Content