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

  • Strong interest for major highway concessions in Colombia
    June 6, 2013
    Interest is said to be strong for the Pacífico 1, Pacífico 2 and Pacífico 3 highway concession projects in Colombia. At present the country’s national infrastructure agency, ANI, has 56 expressions of interest for the three highway concessions in Antioquia Department. The projects feature a total estimated investment of US$2.16 billion.
    Read More
  • Major highway improvement project on track in Colombia
    February 29, 2016
    In Colombia plans are now in hand for a major highway improvement project. Concesión Pacífico Tres is joint concession operator of the tolled links for Colombia’s major commercial regions connecting with the Pacific port hub. US firm Milbank, Tweed, Hadley & McCloy has provided advice to Colombian Concessionaire Concesión Pacífico Tres SAS and its sponsors, MHC Ingeniería y Construcción de Obras Civiles and Construcciones El Cóndor, and Costa Rica’s infrastructure company Constructora MECO. The advice was
    Read More
  • Russia’s new high speed highway – with Italian investment
    January 30, 2020
    Italian investment will help to build a major high-speed highway in Russia
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More

Highlighted Content