IRB Infra sets to win Mumbai-Pune e-way contract

IRB infrastructure Developers
IRB infrastructure Developers is all set to win the contract for operating and collecting toll for Mumbai-Pune Expressway, after it emerged as the only player in the race for the bids invited by the Maharashtra State Road Development Corporation (MSRDC), said sources, disclosing that MSRDC had floated a tender to appoint a toll collection agency for Mumbai-Pune Expressway after IRB Infrastructure's contract to operate and maintain it came to an end after 15 years in August last year. The response remained lackluster even after several extensions in the deadline for bidding. After it received just one bid from IRB Infrastructure, it called for fresh bids in order to comply with the Central Vigilance Commission guidelines. MSRDC invited fresh bids and IRB Infrastructure has emerged as the only bidder; this time the project will be awarded to the company. The 94.5-km long expressway is India's first six-lane concrete, high-speed, access controlled, tolled expressway which has significantly reduced the travel time between Mumbai and Pune. MSRDC entered into a concession agreement with IRB Infrastructure in August 2004 to operate and maintain the Mumbai-Pune Expressway as well as to develop, operate and maintain National Highway-4 that connects Mumbai and Pune.

UP Govt expedites ₹5,800-cr new expressway in Gorakhpur

The UP government has expedited the process of land acquisition for 91-km expressway project in Gorakhpur. The mega project crisscrossing four districts including Gorakhpur, Sant Kabir Nagar, Ambedkar Nagar Read More ...

KRCL commences work for ₹658-cr tunnel in Kerala

The Konkan Railway Corporation Limited (KRCL) has launched the groundwork for the construction of a 6.8 km long tunnel between nearby Anakkampoyil and Meppadi in Wayanad, connecting Kozhikode and Wayanad districts Read More ...

DMRC invites bids for ₹1,958-cr Patna metro project

The Delhi Metro Rail Corporation (DMRC) has invited bids for the construction of the first underground package (PC-03) of Patna Metro's 14.05 km Line-2 of the Phase 1 project which will connect Patna Junction Railway Read More ...

IRCON secures ₹400-cr bridge contracts

IRCON International has secured contracts for the construction of nine road-over-bridges (ROBs) from the Ministry of Railways involving an investment of ₹400 crore. The work has been awarded through competitive bidding Read More ...

NHAI unveils ₹1,876-cr Villupuram-Pondicherry Highway

To ensure smooth flow of vehicular traffic between Villupuram and Pondicherry, NHAI has proposed to expand the 67-km stretch into a four-way bypass road with a 45m-60m right of way (RoW) and grade separators at an Read More ...

J&K gets ₹3,848-cr Baramulla-Kupwara railroad project

The railway has conducted a satellite survey for the construction of a railroad from Baramulla to Kupwara in northern Kashmir entailing an investment of ₹3,848 crore. For the project, which was approved by the central Read More ...

Railway pushes ₹4,085-cr railway project in Bengal

The northeastern railway has hastened the Sivok-Rangpo 44.96 km long rail line involving an investment of ₹4,085 crore. Out of the total length, 41.55 km falls in West Bengal and 3.41 km in Sikkim. An investment ₹682 crore Read More ...

Centre approves ₹1,500-cr AP Coastline projects

The ministry of shipping has approved coastline infrastructure projects of ₹1,500 crore in Andhra Pradesh. The ministry is taking up these ventures for the improvement of Kakinada anchorage port under the Sagarmala Programme Read More ...

NHIDCL builds tunnelling network along the border

The Centre has fast-tracked the process of preparing DPR for multiple tunnels including the Shinkun La Tunnel connecting Ladakh with Lahaul and Spiti district of HP. The work on the 13.5 km long tunnel connecting the two Read More ...

Indian Railway takes up 513 new line projects on zonal level

Indian Railways has taken up 513 new line rail projects including Gauge Conversion and Track Doubling on Zonal levels and as of now, all these projects are in different stages of planning, sanction and execution. The completion Read More ...

TBM T61 provides breakthrough to Mumbai Metro Line-3

Tunnel Boring Machine (TBM) T61, also called Tapi-1, operated by the J Kumar Infraprojects – China Railway Tunnel Group JV made a breakthrough at Chhatrapati Shivaji Maharaj International Airport's Domestic Terminal-1 Read More ...

Ashiana Housing plans ₹400-cr Realty Projects

Ashiana Housing has targeted to invest ₹400 crore to launch a score of new projects in the current fiscal. MD Vishal Gupta informed that the company is looking for partnerships with landowners for expansion of its business Read More ...

REPL secures multiple Consultancy Contracts in AP and Odisha

Rudrabhishek Enterprises Ltd (REPL) has bagged two consultancy contracts in Odisha and Andhra Pradesh. Pradeep Misra, CMD, REPL, informed that in Andhra Pradesh, the Medical Services & Infrastructure Development Corporation Read More ...

India continues to engage with Iran on Chabahar-Zahedan Railway Project

The Union government has reiterated that it remains engaged with Iran on the Chabahar-Zahedan railway project as part of its connectivity initiatives in the region. India is participating in the development of the first phase Read More ...

UP Govt announces 1,000-acre Film City on outskirts of Delhi

The UP State Government has announced a 1,000-acre Film City in Noida. Shailendra Bhatia, OSD, YEIDA, informed that YEIDA had sent a proposal to the state government after it identified the land in its Sector 21 along Read More ...

RITES wins ₹474-cr Railway Contract

Transport Infrastructure Consultancy and Engineering firm RITES Ltd has won a ₹474.92 crore contract for railway electrification works on competition basis. An MOU will be executed between RITES and the concerned Railway Read More ...
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