Highway developments in India

A major highway deal has been agreed for a road project in Gujarat, India, worth an estimated US$810.8 million. It will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening to six lanes a 102km section of National Highway 8 (NH-8) from Ahmedabad-Vadodara. The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway. Work is expected to take three years to complete, and the 25-year concession deal for the project has been agreed bet
February 23, 2012 Read time: 2 mins
A major highway deal has been agreed for a road project in Gujarat, India, worth an estimated US$810.8 million.

It will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening to six lanes a 102km section of National Highway 8 (NH-8) from Ahmedabad-Vadodara.

The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway.

Work is expected to take three years to complete, and the 25-year concession deal for the project has been agreed between IRB Ahmedabad Vadodara Super Express Tollway unit of 2700 IRB Infrastructure Developers and the 292 National Highways Authority of India (NHAI).

In another development, a joint venture is being established comprising 3063 Ennore Port, L&T Ship Building and 2701 Tamilnadu Industrial Development Corporation (TIDCO) for construction of a 25.5km road project to connect Kattupalli port and Ennore port in Chennai.

The road will be constructed on a build, operate and transfer basis at a cost expected to be around $81.5 million.
Highway & Network Management

Related Content

  • India highway project deals underway
    July 21, 2016
    India is busy with plans to expand its highway network. The work is being managed by the National Highways Authority of India (NHAI) and up to 97 different highway projects are envisaged in the complete programme. Some US$16 billion worth of projects could be awarded in the 2016-2017 period if all the planned projects move ahead as anticipated. These would deliver an additional 6,631km of highways in total. At present there are 250 highway construction projects underway in India, while 400 have already been
    Read More
  • San Miguel Corp is among bidders in Cavite-Laguna re-auction
    March 19, 2015
    San Miguel Corporation, Metro Pacific Investments Corporation and an unidentified firm reportedly are bidding in the US$1.25 billion re-auction for work on the Cavite-Laguna Expressway. The deal involves building, operating and maintaining the 47km four-lane toll road for 35 years under a public-private-partnership. The sum includes a $448 million bid price, equal to the premium offered by SMS subsidiary Optimal Infrastructure Development during the first tender for the project in June 2014. San Miguel was
    Read More
  • A new Indian cable-stayed bridge will improve transport connections
    March 2, 2015
    A major new cable-stayed bridge is being constructed in India - Partha Bratim Basistha reports. In India the construction of a major cable-stayed bridge is underway that will boost connections from capital Delhi to its surrounding areas. The bridge is being built in a bid to ease growing interstate traffic movement between Delhi and the surrounding North Indian states of Punjab, Uttar Pradesh, Haryana and Himachal Pradesh. Named Signature Bridge, this is a landmark structure due to its design aesthetics and
    Read More
  • Lithuania highway project progressing
    September 18, 2019
    Work is now complete on Lithuania’s Panevėžys bypass, which has been widened so that it features three lanes in either direction. This 22km road rebuilding project was carried out by local contractor, Panevezio Keliai, in a deal worth €44.6 million. Financing for the work was provided jointly by the EU and the local authorities. A novel feature of the project is that traffic lanes are reversible to help reduce congestion at peak periods and account for traffic flow. The project forms part of the wider plan
    Read More

Highlighted Content