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 a
April 10, 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 tollway deal plus work for roads, bridges and tunnels
    July 11, 2017
    A 21-year concession deal has been agreed for the widening project for a 114km stretch of road linking Gujarat and Rajasthan states in India. The route will be widened to six lanes, with three in either direction. The project financing is worth over US$226 million, with a group of lenders having agreed the terms for the project with the National Highways Authority of India (NHAI). The agreement has been achieved by Udaipur Tollways, disclosed IRB Infrastructure Developers, which owns the special purpose veh
    Read More
  • New highway in India for Jharkhand and West Bengal
    May 15, 2013
    A US$307 million highway is being built in the state of Jharkhand and West Bengal. This follows an agreement between local firm IL&FS Transportation (IL&FS) and the National Highways Authority of India (NHAI). The deal takes the form of a concession package and will be for a 20 year period. The highway is to be constructed in around 30 months and IL&FS will then operate the route on a tolled basis once it is open to traffic. The project forms part of the National Highways Development Project (NHDP) phase V.
    Read More
  • India pushes ahead with highway upgrades
    February 24, 2012
    Two major highway projects are now going ahead in India. A contract worth some US$383 million is now being carried out by Era Infra Engineering Limited (EIEL) through its partnership with OJSC-SIBMOST in Uttar Pradesh.
    Read More
  • India's US$100 billion highway investment
    May 29, 2012
    India intends to continue its massive investment in highway spending. Predictions for the next five years say that up to US$100 billion will be spent on road building in the country in the coming five years. The Ministry for Road Transport and Highways plans to build 35,000km of highways, with 60% being provided by the Government budget and 40% from the private sector. The Ministry of Road, Transport and Highways will open up tendering for nine highway projects. The National Highway Authority of India (NHAI
    Read More

Highlighted Content