JKIL Joint Venture Wins Rs 23.6 bn NHAI Expressway Contract

J. Kumar Infraprojects Limited (JKIL) said that J. Kumar - SDPL (JV) has received a letter of acceptance from the National Highways Authority of India (NHAI) for the construction of a four lane, expandable to eight lane, expressway connecting the proposed Vadhavan Port to Tawa Village on NH 48. The design length of the project is 32.18 km and it has been awarded on an engineering, procurement and construction mode.

The contract carries a total value of Rs 23.6 bn and is structured to be completed within 30 months. The scope will involve pavement works, bridges and associated infrastructure to enable port connectivity and enhance freight movement along the corridor. The works are expected to cover earthworks, pavement layering, drainage systems and utility relocations as required under the EPC scope.

JKIL noted that the award is a domestic contract and that the joint venture will undertake the project responsibilities in line with the contract terms. The joint venture will manage design, procurement and construction phases and will coordinate with relevant statutory agencies during execution. The company indicated that the promoter group has no interest in the awarding authority and that the award does not constitute a related party transaction.

The company said the award has been disclosed to the stock exchanges and the details are available on its website. The delivery timeline and contract size are expected to provide steady execution visibility and revenue recognition over the project period. The project is also likely to support regional logistics and improve access for freight operators, strengthening the broader port hinterland connectivity.

The joint venture will deploy existing resources and accredited subcontractors as required and will adhere to applicable safety and quality standards throughout the works. The company expects contract mobilisation and phased billing to translate into revenue over the contract term and will provide periodic updates to investors.

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