India tunnel project bids being received

Bidding has been strong for a major tunnel project in India. The project, to construct the Zojila Tunnel in Jammu & Kashmir, is expected to cost in the order of US$1.56 billion. A low bid for the engineering, procurement and construction (EPC) contract for the Zojila tunnel project was received from IL&FS Transportation Networks (ITNL). Other bids came from Reliance Infrastructure, Jaiprakash Associates, and Larsen & Toubro. The bidding process for the project has been managed by India’s National Highways &
August 7, 2017 Read time: 1 min

Bidding has been strong for a major tunnel project in India. The project, to construct the Zojila Tunnel in Jammu & Kashmir, is expected to cost in the order of US$1.56 billion. A low bid for the engineering, procurement and construction (EPC) contract for the Zojila tunnel project was received from 3148 IL&FS Transportation Networks (ITNL). Other bids came from 1234 Reliance Infrastructure, Jaiprakash Associates, and 6458 Larsen & Toubro. The bidding process for the project has been managed by India’s National Highways & Infrastructure Development Corporation (NHIDC).

Finance & Funding

For more information on companies in this article

Related Content

  • ITNL forms a tie-up with East Nippon for India highway projects under PPP route
    July 1, 2013
    IL&FS Transportation Networks (ITNL) has formed a tie-up with Japanese company East Nippon Expressway Company (East Nippon) to jointly undertake highway projects in India through public private partnerships (PPP). Under the tie-up, the partners aim to leverage technology as well as financial assistance from Japan besides carrying out technical and pre-feasibility studies and other related works on potential road projects. ITNL is a subsidiary of infrastructure developer IL&FS.
    Read More
  • Funding sources being sought for Indian highways
    January 25, 2016
    India’s Ministry of Transport and Highways is looking to source loans to help fund highway development. The Japan International Cooperation Agency (JICA) looks set to provide a partial source for the funding required. In all just over US$885 million will be needed to pay for India’s National Highway Development Project (NHDP). The Japan International Cooperation Agency (JICA) has approved a loan of just over $590 million for the Indian Government-run National Highways and Infrastructure Development Corp (NH
    Read More
  • Ethiopia road contract awarded
    March 4, 2016
    Work on a major road project now looks set to commence shortly in Ethiopia. The US$221.7 million project will be carried out by a joint venture comprising Indian contractor IL&FS Transportation Networks (IL&FS) and its fully-owned Spanish arm Elsamex. The new highway is for an 84.56km route connecting Agamsa-Bure as well as an 86.1km stretch from Nekempte-Anger Gutin-Andhode. Financing for the work is being supplied by the World Bank and the work is expected to take eight years to complete. IL&FS won the pa
    Read More
  • India highway project attracts interest from bidders
    October 12, 2017
    The tender process for the Mumbai-Nagpur expressway project in India has received strong interest from bidders so far. The Maharashtra State Road Development Corporation (MSRDC) is at present reviewing 33 bids for the project. Indian firms account for the majority of the bids but international companies also number amongst the bidders, with several joint ventures having entered the tender process. The Mumbai-Nagpur Super Communication Expressway project will be handled under the engineering
    Read More

Highlighted Content