Skip to main content

Spanish-Indian partners for Indian highways

A European and Indian partnership is teaming up to tackle tendering for major highway projects in India.
March 5, 2012 Read time: 1 min
A European and Indian partnership is teaming up to tackle tendering for major highway projects in India. A joint venture established by Spanish contractor 3147 Sacyr Vallehermoso and Indian company Essar is tendering for two highway projects in India, a 360km link from Baharagora to Sambalpur and a 350km link from Shivpuri to Dewas. The Baharagora to Sambalpur project is worth some US$783.8 million (€576 million) while the project for the Shivpuri to Dewas highway is worth $714.4 million (€525 million).

For more information on companies in this article

Related Content

  • Indian expressway secures funding
    October 12, 2022
    An Indian expressway project has secured necessary funding.
  • Texas highway project tackles congestion
    February 20, 2012
    A new highway project in Texas will tackle peak congestion
  • Middle East funding for Indian roads
    February 15, 2016
    Funding from the Middle East looks set to help develop new Indian highway projects. Some $15.6 billion from the Abu Dhabi Investment Authority (ADIA), a UAE-based sovereign wealth fund, will be directed towards highway projects in India. This will be used for 50 highway projects in India on a toll-operate-transfer (TOT) basis. The Indian Government is planning to award 104 highway projects under the TOT model that will allow investments by private equity firms, infrastructure developers and institutional in
  • Work moving ahead on Paraguay’s new roads
    November 21, 2018
    A series of major road contracts have been awarded in Paraguay, although delays are being seen on one key link. The country’s Ministry of Public Works and Communications (MOPC) gave its approval for a series of road contracts to be awarded. These four packages are worth over US$136 million and are for18 different sections.