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

  • Strong interest in Indian highway project
    December 11, 2015
    Strong interest has been reported in a major highway project in India. PNC Infratech, Sadbhav Infrastructure, Ashoka Buildcon, and APCO Infratech have all been bidding to win the Meerut-Bulandshahr highway project. This is worth some US$105 million and involves the construction of a 62km highway link. The project will be carried out under the hybrid annuity model (HAM), with the builder and Indian Government splitting the construction cost 60:40. Under the HAM model, the Indian Government also has plans for
  • International tendering for Egyptian highway deal
    March 5, 2012
    Bidding is underway for a major highway project in Egypt, with the tender process attracting considerable international interest. The contract is worth some US$1 billion and is for the construction of the 35km Rod el-Farag highway. Construction work on the project is scheduled to commence in late 2011 and the highway will be built under the PPP model.
  • Odisha state of India’s huge national highways upgrade
    June 13, 2014
    The Indian state of Odisha is to see a total of 2,370km of its national highways (NH) upgraded to four and six-lanes under Phases I to V of the National Highway Development Project. Phase-I of the project has already been completed, involving the four-laning of 520km of NH. Around 490km (Phase II) are still under construction for US$ 770.77 million (INR 45.7 billion), and are expected to be completed by March 2015. These include the four-lane Bhubaneswar-Puri, four-lane Sambalapur-Bargarh, four-lane Panikoi
  • Spanish firm handling Indian road projects
    January 26, 2015
    Work on four new road projects in India will be carried out by Spanish contractor Isolux Corsan. In all the work is worth US$306.5 million. The 130km stretch of road connecting Talcher with Chandikole in Odisha is costing $124.9 million to construct. One stretch is for a 160km road between Phalodi and Jaisalmer in Rajasthan. The other two sections of road being built are in Assam.