189.6-km Goa-Karnataka border highway project commissioned
Real Estate

189.6-km Goa-Karnataka border highway project commissioned

IRB Westcoast Tollway, an SPV of IRB Infrastructure Developers, has recently commissioned the 189.6-km Goa-Karnataka border-Kundapur four-lane highway project, which is now open for vehicular traffic. Built at  Rs. 34.47 billion, the project has a concession life of 28 years.With this, all...

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

IRB Westcoast Tollway, an SPV of IRB Infrastructure Developers, has recently commissioned the 189.6-km Goa-Karnataka border-Kundapur four-lane highway project, which is now open for vehicular traffic. Built at  Rs. 34.47 billion, the project has a concession life of 28 years.With this, all the projects in the company’s BOT portfolio are now revenue generating projects, said the company in a release.The project has a service road of 61.26 km, nine pedestrian underpasses, three vehicular underpasses, four flyovers, 39 small bridges, 14 major bridges, 23 intersections, 573 culverts, three railway-over-bridges and three toll fee plazas. The stretch is part of NH-17, the key north-south highway link on the western coast of India.“We are happy to commission the important coast highway infrastructure link between West and South India,” said Virendra D Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers, speaking on the occasion. “We believe the project will bring a world-class and safe commuting experience and highway infrastructure to India. We are grateful to all the stakeholders, external and internal, who left no stone unturned to achieve COD for this project.”  The company had bagged the project under the National Highways Development Project (NHDP) Phase 4 on a design, build, finance, operate and transfer (toll) basis, and had a viability gap funding of Rs.5.36 billion.

Next Story
Infrastructure Transport

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Next Story
Technology

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Next Story
Real Estate

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement