And the Nominees Are...
RAILWAYS & METRO RAIL

And the Nominees Are...

When India's premier construction magazine decides to recognise and reward excellence, you can be sure only the crème de la crème makes it to the shortlist! Much like the Oscars, to arrive at the winners of the CW Annual Awards 2017, we first drew up a list of nominees, including companies that made it to the top six. Then, following detailed discussions and extensive deliberations by our esteemed jury panel in Mumbai in September (For details on the jury meet, turn to page 64) , the list was further filtered to the top three fastest growing companies in the large, medium and small categories to be awarded at the awards evening in Mumbai on October 6, 2017. This list will be shared on our website after the awards, so log in to www.ConstructionWorld.in and will also feature in the CW November issue. However, considering this meticulous process of selection, assessment and validation, we consider all our nominees achievers and believe they are worthy of appreciation, applause and honour! So, ladies and gentlemen, here are the nominees: <p></p> <p> <span style="font-weight: bold; font-size: 12pt;">Nominees for the Fastest Growing Construction Companies - Large Category<br /> Larsen and Toubro</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1944<br /> <span style="font-weight: bold;">At the helm:</span> SN Subrahmanyan, CEO &amp; Managing Director Operational in: Areas of technology, engineering, construction, manufacturing andfinancial services.<br /> In the news for: <br /> L&amp;T has bagged a Rs 3,375-crore major breakthrough order from Metro Express, owned by the Government of Mauritius, to design and build an Integrated Light Rail-based Urban Transit System in the African island nation in August 2017.<br /> The construction arm of L&amp;T has won orders worth Rs 2,170 crore across various business segments in September 2017.<br /> The company's Hydrocarbon Division has bagged a major pipeline contract with a value close to Rs 1,700 crore from Kuwait Oil Company for EPC of a new 48ö Crude Transit Line (TL-5) from North Kuwait to Ahmadi in September 2017.<br /> L&amp;T's Metallurgical &amp; Material handling Business has bagged a Rs 2,271 crore EPC order for setting up a non-ferrous process plant in India in September 2017.<br /> Its Power Transmission &amp; Distribution Business has bagged orders worth Rs 1,331 crore in the domestic and international markets in August 2017.<br /> The construction arm of L&amp;T has won orders worth Rs 2,552 crore across its Transportation Infrastructure &amp; Water Effluent Treatment businesses in June 2017.<br /> L&amp;T Construction has won orders valued Rs 2,231 crore across its Building &amp; Factories Business, Power Transmission &amp; Distribution Business and Water &amp; Effluent Treatment Business in June 2017.<br /> L&amp;T Construction has won a US$ 817 million (Rs 5,250 crore) order from KAHRAMAA, Qatar in April 2017.<br /> L&amp;T Construction has won orders valued at Rs 1,725 crore across its Transportation Infrastructure Business and Heavy Civil Infrastructure Business in March 2017.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Afcons Infrastructure</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1959<br /> <span style="font-weight: bold;">At the helm:</span> Shapoor Pallonji Mistry, Chairman; K Subrahmanian, Vice Chairman &amp; Managing Director<br /> <span style="font-weight: bold;">Operational in</span>: Marine works; bridges, flyovers, viaducts; roads; LNG tanks; elevated and underground metro; tunnels and hydro works; general civil engineering and industrial structures<br /> <span style="font-weight: bold;">In the news for</span>: <br /> Part of the Shapoorji Pallonji Group, Afcons Infrastructure has recently executed 126 km of the 302-km, six-lane Agra-Lucknow Expressway on an EPC basis. This involved two packages - Firozabad to Etawah (Package II) and Kannauj to Unnao (Package IV) -comprising almost 42 per cent of the total project length. Both packages were completed ahead of time.<br /> The company was selected by MoRTH for the Setu rehabilitation project in JV with Sibmost, which is estimated to be completed in 2020.<br /> L&amp;T and Afcons bagged a Rs 1,675-crore order from Ahmedabad Metro.<br /> Around eight bidders, including Afcons Infrastructure, have qualified for construction of the Rs 46,000-crore Nagpur-Mumbai Expressway, dubbed the 'prosperity corridor'. <br /> Afcons has emerged as the lowest bidder for the Nagpur Metro project.<br /> Afcons constructed India's first twin underwater Metro tunnels under river Hooghly, in Kolkata, for the East-West Metro project.<br /> The company recently received the distinction of the fastest underground Metro tunneling for Chennai Metro Rail (CMRL) in Chennai.</p> <p> <span style="font-size: 12pt; font-weight: bold;">Dilip Buildcon</span><br /> <span style="font-weight: bold;">Year of establishment</span>: 1987<br /> <span style="font-weight: bold;">At the helm</span>: Dilip Suryavanshi, Chairman &amp; Managing Director; Devendra Jain, Executive Director &amp; CEO<br /> <span style="font-weight: bold;">Operational in:</span> Roads and highways; irrigation; urban development; mining In the news for: <br /> Dilip Buildcon announced the sale of 24 road assets of a total project value of Rs 10,500 crore to Mumbai-based Shrem Group to bring down its debt and for future expansion.<br /> The company has registered around 60 per cent growth in revenue to Rs 1,664 crore in the first quarter of the current fiscal, primarily led by higher execution of projects in hand. <br /> In FY17, the company earned an early completion bonus of Rs 106.05 crore, which was nearly 2 per cent of its consolidated revenue of Rs 5,319 crore.<br /> The company has bagged seven road projects worth Rs 4354.30 crore in Maharashtra in FY2016-17. </p> <p> <span style="font-weight: bold;">NBCC</span><br /> <span style="font-weight: bold;">Year of establishment: </span>1960<br /> <span style="font-weight: bold;">At the helm:</span> Dr Anoop Kumar Mittal, Chairman &amp; Managing Director <br /> <span style="font-weight: bold;">Operational in: </span>Project management consultancy; real-estate development; EPC contracting<br /> In the news for: <br /> NBCC has signed an agreement with the Ministry of Health &amp; Family Welfare to plan, design and construct the expansion of the Sports Injury Centre in New Delhi, amounting to about Rs 464 crore, this year.<br /> The company has signed a MoU with the Ministry of Railways for the redevelopment of 10 railway stations.<br /> NBCC will help develop a social housing project and construct a new Supreme Court building in Mauritius; together, these projects are estimated to cost $50 million. <br /> The Central Excise Department has issued an LoI in favour of NBCC for a redevelopment project at Wadala, Maharashtra valued at Rs 3,200 crore.<br /> The company acting as project management consultant for two projects, has successfully awarded works for: The redevelopment of ITPO Complex into an integrated exhibition-cum-convention centre in New Delhi; and canal work, including cross-drainage structures and design, for Gosikhurd National Project in Maharashtra.<br /> The company has signed an agreement for joint participation in upcoming infrastructure and energy development projects in India and the Republic of Belarus.<br /> NBCC is targeting new orders worth Rs 25,000 crore this financial year.</p> <p> <span style="font-weight: bold; font-size: 12pt;">NCC</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1978<br /> <span style="font-weight: bold;">At the helm:</span> Hemant M Nerurkar, Chairman; Amit Dixit, Director; Neeraj Mohan, Director; <br /> Utpal Hemendra Sheth, Director; NR Alluri, Director<br /> <span style="font-weight: bold;">Operational in</span>: Buildings and housing; roads; electrical; water and environment; railways; power; metal; irrigation; mining<br /> In the news for: <br /> NCC has bagged the construction contract for the 10.75-km Pune Metro: A Rs 499-crore bid for the construction of elevated metro rail viaducts; and for the design and construction of an elevated viaduct on corridor two of the project worth Rs 350 crore. <br /> The company undertook the development of the Etawah to Kannauj (115.500 km to 172.500 km) <br /> Package-III for the Agra-Lucknow Expressway on an EPC basis at Rs 1,731.22 crore. The company will attain order inflows worth Rs 12,000 crore in FY18; it also aims to maintain 9 per cent EBITDA margin guidance for FY18.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Simplex Infrastructures</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1924<br /> <span style="font-weight: bold;">At the helm:</span> Rajiv Mundhra, Executive Chairman; Amitabh Mundhra, Director <br /> <span style="font-weight: bold;">Operational in: </span>Transport; energy and power; mining; buildings; marine sector; real estate<br /> <span style="font-weight: bold;">In the news for: </span><br /> Simplex Infrastructures emerged as the lowest bidder for the 7.501-km Gottigere-Swagath Road Cross section of Bangalore Metro's 21.42-km Gottigere-Nagawara Line-4.<br /> The company launched construction work on the 3.031-km Hessaraghata Cross (erst. Nagasandra)-BIEC extension of Bangalore Metro's 24.20-km Green Line. <br /> It won a contract for packages of the 16.5-km Mumbai Metro-7 corridor.<br /> Net profit rose 67.03 per cent to Rs 28.73 crore in the quarter ended June 2017 as against Rs 17.20 crore during the previous quarter ended June 2016. <br /> Sales rose 7.42 per cent to Rs 1,511.89 crore in the quarter ended June 2017 as against Rs 1407.44 crore during the previous quarter ended June 2016.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Tata Projects</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1979<br /> <span style="font-weight: bold;">At the helm:</span> Sowmyan Ramakrishnan, Chairman; Vinayak K Deshpande, Managing Director.<br /> <span style="font-weight: bold;">Operational in:</span> The company has expertise in executing large and complex industrial and urban infrastructure projects. It operates through its business units - EPC, transmission and distribution, transportation, construction and environment, urban infrastructure and quality services. The company provides turnkey end-to-end solutions to set up power generation plants, power transmission and distribution systems, fully integrated rail and metro systems, commercial buildings and airports, chemical process plants, water and wastewater management solutions, complete mining and metal purification systems.<br /> In the news for: <br /> Is L1 in 2 packages of Mumbai Trans Harbour Link Project.<br /> <span style="font-weight: bold;">Mumbai Metro: </span>Tata Projects JV has been mandated for the design and construction of three underground stations and 6 km of associated tunnels in Mumbai Metro Line 3, Package IV.<br /> Tata Projects has completed the Lucknow Secretariat to Hazratgunj underground tunnel boring work for the Lucknow Metro Rail Corporation in five months.<br /> Delhi Metro Phase 3 -has executed 9 km of section - Delhi to Ghaziabad.<br /> Tata Projects completed the construction of the FIAT Rail Bogie Factory in Yadgir district for Rail Vikas Nigam.<br /> The Rs 1,676-crore Dravyavati river project work has been awarded to Tata Projects and Shanghai Urban Construction Group consortium to develop the riverside area. Project under execution - will finish in record time. <br /> For winning IIT Jodhpur, Medanta Hospital, and several building projects.<br /> For winning transmission lines worth Rs 2,000 crore.<br /> For planned execution of Eastern and Western Freight Corridor project.<br /> For winning NTPC Ramagundam (2 x 800 MW ) BOP - power project.<br /> A Rs 375-crore proposed sewer line project for Ujjain has been awarded to the company.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Nominees for the Fastest Growing Construction Companies -Medium Category<br /> </span></p> <p><span style="font-weight: bold; font-size: 12pt;">Ashoka Buildcon</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1976<br /> <span style="font-weight: bold;">At the helm:</span> Ashok Katariya, Chairman; Satish Parakh , Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> Infrastructure projects on PPP and EPC models; highways operation and maintenance; <br /> power distribution (EPC); highway research<br /> In the news for: <br /> Ashoka Buildcon has bagged a Rs 117-crore power project in Bihar.<br /> The company has bagged a Rs 282.73-crore project from Jharkhand Bijli Vitran Nigam for urban electrification works in Jharkhand. <br /> Ashoka Buildcon achieved financial closure and appointment date for the 4/6 laning of the Kharar to Ludhiana section of NH-95 (new NH-05) from Kharar in Punjab on HAM.<br /> The company's subsidiary has emerged as the lowest bidder for a Rs 1,187.10-crore road project for six-laning of Ranastalam to Anandpuram in Visakhapatnam, Andhra Pradesh.<br /> The company's growth rate is driven by its strong order book of Rs 6,400 crore.<br /> It is eyeing both HAM and EPC projects worth Rs 5,000 crore in FY2018.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Gayatri Projects</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1989 <br /> <span style="font-weight: bold;">At the helm:</span> T Indira Subbarami Reddy, Promoter and Non-Executive Chairperson; TV Sandeep Kumar Reddy, Promoter and Managing Director<br /> Operational in: Infrastructure; construction; irrigation; roads; energy In the news for: <br /> Gayatri Projects has bagged a Rs 1,363-crore irrigation contract from Karnataka Neeravari Nigama. <br /> The company recently completed the construction of a 1,320-MW thermal power plant in Andhra Pradesh; its overall power portfolio now aggregates at 2,640 MW.<br /> It has completed the construction of its second 660-MW thermal power plant via a JV with Sembcorp Gayatri Power in Andhra Pradesh.<br /> Gayatri Projects has posted a net profit of Rs 32.23 crore for Q4FY2017 against a net profit of Rs 28.50 crore in the corresponding quarter last year on a standalone basis.</p> <p> <span style="font-weight: bold; font-size: 12pt;">GR Infraprojects</span><span style="font-weight: bold;"><br /> Year of establishment</span>: 1995<br /> <span style="font-weight: bold;">At the helm:</span> Vinod Kumar Agarwal, Managing Director.<br /> <span style="font-weight: bold;">Operational in: </span>Road EPC projects; highways; bridges; culverts; flyovers; airport runways.<br /> In the news for: <br /> Order book of GR Infraprojects stands at Rs 76,353.6 million as on June 30, 2017.<br /> The company has been awarded a total bonus of Rs 561 million for all the projects.<br /> GR Infraprojects has bagged the Handia-Varanasi road project in Uttar Pradesh for a contract value of Rs 2,447 crore.<br /> NHAI has awarded a Rs 1,444-crore Punjab contract to GR Infraprojects.<br /> GR Infraprojects has bagged two new projects in Maharashtra for a combined contract value of Rs 667.84 crore.</p> <p> <span style="font-weight: bold; font-size: 12pt;">KNR Constructions</span><br /> <span style="font-weight: bold;">Year of establishment: </span>1995<br /> <span style="font-weight: bold;">At the helm:</span> BV Rama Rao, Non Executive and Independent Chairman; K Narasimha Reddy, <br /> Managing Director; K Jalandhar Reddy, Executive Director and CFO<br /> <span style="font-weight: bold;">Operational in:</span> Expressways, highways, roads, flyovers, bridges and viaducts, irrigation projects, <br /> urban development In the news for: <br /> The order book of KNR Constructions stands at around two and half times its annual FY17 revenue.<br /> The company has virtually negligible debt and execution capacities at par excellence. <br /> Featured in 'The Fortune India Next 500: India's Top Midsize Companies' list released in July 2017 and ranked 248 in terms of revenues and 82 in terms of profits (based on FY2016).<br /> The company's standalone revenue for Q1FY18 came in at Rs 480.8 crore, registering a 59 per cent quarter-on-quarter increase.</p> <p><span style="font-size: 12pt; font-weight: bold;">Montecarlo</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1995<br /> <span style="font-weight: bold;">At the helm:</span> Kanubhai Patel, Chairman &amp; Managing Director; Brijesh Patel, Joint Managing Director; <br /> Mrunal Patel, Joint Managing Director<br /> <span style="font-weight: bold;">Sectors it operates in: </span>Transport (roads and railways), mining, water and irrigation, energy, building and factories.<br /> In the news for:<br /> In FY2016-17, Montecarlo's revenue stood at Rs 1,958.27 crore with a PAT margin of about 6 per cent; transport contributes almost 45-50 per cent of its overall revenue as well as the order book.<br /> The company recently bagged two HAM projects worth Rs 2,600 crore - a 100 km project in Odisha and a 60 km six-lane project in Karnataka - work on which is expected to commence by December this year.<br /> It is currently executing a Rs 4,229 crore mine developer and operator (MDO) project in West Bengal, work on which is expected to start next year.<br /> Montecarlo has also recently restructured its business to clear its shareholding structure; it is looking at launching an IPO next year.<br /> The company's fleet of construction equipment owned is more than 1,200. It has around Rs 432 crore total of gross block, of which Rs 210 crore is for plant and machinery.<br /> Of its several ongoing projects, the company is executing 13 projects in transportation, five in mining, two in power, one in water and eight in the building segment. MCL is currently operating into 15 states across India.</p> <p> <span style="font-weight: bold; font-size: 12pt;">PNC Infratech<br /> Year of establishment:</span> 1999<br /> <span style="font-weight: bold;">At the helm:</span> Pradeep Kumar Jain, Chairman and Managing Director; Yogesh Kumar Jain, Managing Director<br /> <span style="font-weight: bold;">Operational in: </span>Airport runways, highways, bridges, flyovers, power transmission lines and industrial area redevelopment.<br /> In the news for:<br /> PNC Infratech executed the first section (Package-I) of Agra-Lucknow Expressway (Agra to Firozabad) comprising 56 km of a six-lane expressway with eight-lane structures.<br /> The company has recently been awarded three national highway projects by NHAI on hybrid annuity model for an aggregate bid project cost of Rs 4,154 crore in Uttar Pradesh, Madhya Pradesh and Karnataka.<br /> The company is currently executing 17 EPC projects including 14 highway, two airport runway and one power transmission project. <br /> The company through its various subsidiaries and associate company, is currently operating seven BOT and OMT projects.</p> <p><span style="font-weight: bold; font-size: 12pt;">Sunil Hitech Engineers</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1998<br /> <span style="font-weight: bold;">At the helm:</span> Sunil Gutte, Chairman &amp; Managing Director; Sudhamati Ratnakar Gutte, Non-Executive Director; Vijay Gutte, Whole Time Director; C Venkataramana, Whole Time Director<br /> <span style="font-weight: bold;">Operational in: </span>Solar energy, roads, urban infrastructure, power projects, solid waste management, landfill management and renewable power generation, sewage and wastewater treatment, recycle and reuse water treatment management and sea water desalination<br /> In the news for: <br /> Sunil Hitech Engineers has bagged four road projects worth Rs 936 crore - three in Maharashtra and one in Jharkhand - on EPC basis in April this year.<br /> The company has won a Rs 982 crore highway project in Maharashtra from NHAI for constructing and widening the existing two-lane Bodhre-Dhule road section of NH-211 to four or six-lane on Hybrid Annuity Model (HAM); the construction of this 67.2 km road includes six underpasses, 26 minor bridges, two new bypasses, two ROBs and six underpasses.<br /> The company's standalone revenue for Q1FY18 stood at Rs 548.3 crore, registering 23.5 per cent YoY increase, primarily driven by rise in revenue from project segments by 24 per cent YoY.</p> <p> <span style="font-size: 12pt; font-weight: bold;">Nominees for the Fastest Growing Construction Companies - Small Category<br /> Ahluwalia Contracts (India)</span><br /> <span style="font-weight: bold;">Year of establishment: </span>1965<br /> <span style="font-weight: bold;">At the helm:</span> Bikramjit Ahluwalia, Promoter &amp; Founder Chairman &amp; Managing Director Operational in: Construction of high-end hotel projects, large institutional buildings, corporate office complexes, industrial complex buildings, multi-storeyed housing complexes and township development projects, hospitals, medical colleges and laboratory buildings, educational and technical institutes, schools and auditoriums, gymnasiums and sport complexes, etc.<br /> In the news for: <br /> The standalone revenue of Ahluwalia Contracts for Q1FY18 came in at Rs 504 crore, registering a 64.6 per cent YoY increase, and standalone net profit rose 35.3 per cent YoY.</p> <p> <span style="font-weight: bold; font-size: 12pt;">J Kumar Infraprojects</span><span style="font-weight: bold;"><br /> Year of establishment: 1980<br /> At the helm:</span> Jagdishkumar M Gupta, Chairman &amp; Managing Director Sectors it operates in: Road works; irrigation; housing; bridges In the news for: <br /> J Kumar Infraprojects bagged contracts - along with seven other companies - for Mumbai Metro's two elevated corridors: Metro Line 2B and Metro Line 4.<br /> The company has a strong growth visibility from executing its backlog; its big backlog (6.5 times its sales in FY2016-17) is expected to lead to a CAGR of 23 per cent over the next four financial years.<br /> It has a diversified presence beyond roads, building flyovers, skywalks and parts of the Mumbai metro project.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Man Infraconstruction</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1964<br /> At the helm: Parag K Shah, Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> Residential, commercial, institutional and industrial spacesIn the news for: <br /> Man Infra's current order book is at Rs 710 crore, expected to be completed in one-and-a-half years.<br /> The company has bid for orders worth Rs 2,000 crore.<br /> Man Infra's subsidiary received an order worth Rs 756 crore from Port of Singapore Authority for executing port works for Terminal 4, JNPT.<br /> Man Infra has completed four residential projects till date; delivered all before the scheduled delivery date.<br /> Man Infra's SPV MICL Realty LLP launched Phase-1 of the MHADA land redevelopment project in Mumbai; sold 60 per cent inventory.</p> <p> <span style="font-weight: bold; font-size: 12pt;">RPP Infra Projects</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1988<br /> <span style="font-weight: bold;">At the helm:</span> RP Arulsundaram, Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> Roads, buildings, industrial structures, power, irrigation</p> <p>In the news for: The company has bagged an order worth Rs 51.2 crore from Tamil Nadu Civil Supplies Corporation for construction of a scientific storage godown of 40,000-mt capacity in the TNCSC campus in Nagapattinam district.<br /> RPP Infra and Siemens won an order from PGCM to design, supply, erect, test and commission 230-kv and 132-kv substations on a turnkey basis.<br /> The company bagged orders worth Rs 507 million involving the construction of 192 police quarters in Kolar and Mysore.<br /> The company has an order book of around Rs 850 crore. <br /> It has bagged an order worth about Rs 330 million from the Transmission Corporation of Telangana (TSTRANSCO).<br /> <br /> <span style="font-weight: bold; font-size: 12pt;"> Welspun Projects</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1985<br /> <span style="font-weight: bold;">At the helm:</span> BK Goenka, Chairman; Lalit Naik, Managing Director and CEO; Sandeep Garg, Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> EPC projects across roads, water and industrial structures; some projects through PPP <br /> In the news for: <br /> Welspun Enterprises bagged a Rs 1,161-crore project from NHAI for the six-laning of the Aunta-Simaria section of NH-31 in Bihar on HAM.<br /> The company will acquire a 49 per cent stake in two road projects of NHAI from MBL Infrastructures for Rs 23 crore.<br /> It has submitted a proposal to Madhya Pradesh State Industrial Development Corporation to restructure the Dewas Industrial Water Supply Project.<br /> </p> <p><span style="font-weight: bold; font-size: 12pt;">GHV India</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1965<br /> <span style="font-weight: bold;">At the helm: </span>Jahid Vijapura, Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> Roads, bridges, dams and irrigation, hospitality<br /> In the news for: <br /> GHV India has completed the widening and reconstruction of roads under Madhya Pradesh District Connectivity Sector Project (MPDCSP)- Package No. Q for Madhya Pradesh Road Development Corporation.<br /> The company completed the upgrade of the road from Ponkunnam (84+000 km) to Thodupuzha (130+363 km) including the Thodupuzha Bypass of SH-8 for the Kerala State Transport Project.<br /> It has completed the four-laning of Khed-Sinnar Section NH-50 from 42 km to 177 km (Design Length 137.946 km) under Phase IV B Maharashtra for IL&amp;FS Transportation Networks.<br /> The company has projects worth Rs 4,204.10 crore at various levels of development.</p>

When India's premier construction magazine decides to recognise and reward excellence, you can be sure only the crème de la crème makes it to the shortlist! Much like the Oscars, to arrive at the winners of the CW Annual Awards 2017, we first drew up a list of nominees, including companies that made it to the top six. Then, following detailed discussions and extensive deliberations by our esteemed jury panel in Mumbai in September (For details on the jury meet, turn to page 64) , the list was further filtered to the top three fastest growing companies in the large, medium and small categories to be awarded at the awards evening in Mumbai on October 6, 2017. This list will be shared on our website after the awards, so log in to www.ConstructionWorld.in and will also feature in the CW November issue. However, considering this meticulous process of selection, assessment and validation, we consider all our nominees achievers and believe they are worthy of appreciation, applause and honour! So, ladies and gentlemen, here are the nominees: <p></p> <p> <span style="font-weight: bold; font-size: 12pt;">Nominees for the Fastest Growing Construction Companies - Large Category<br /> Larsen and Toubro</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1944<br /> <span style="font-weight: bold;">At the helm:</span> SN Subrahmanyan, CEO &amp; Managing Director Operational in: Areas of technology, engineering, construction, manufacturing andfinancial services.<br /> In the news for: <br /> L&amp;T has bagged a Rs 3,375-crore major breakthrough order from Metro Express, owned by the Government of Mauritius, to design and build an Integrated Light Rail-based Urban Transit System in the African island nation in August 2017.<br /> The construction arm of L&amp;T has won orders worth Rs 2,170 crore across various business segments in September 2017.<br /> The company's Hydrocarbon Division has bagged a major pipeline contract with a value close to Rs 1,700 crore from Kuwait Oil Company for EPC of a new 48ö Crude Transit Line (TL-5) from North Kuwait to Ahmadi in September 2017.<br /> L&amp;T's Metallurgical &amp; Material handling Business has bagged a Rs 2,271 crore EPC order for setting up a non-ferrous process plant in India in September 2017.<br /> Its Power Transmission &amp; Distribution Business has bagged orders worth Rs 1,331 crore in the domestic and international markets in August 2017.<br /> The construction arm of L&amp;T has won orders worth Rs 2,552 crore across its Transportation Infrastructure &amp; Water Effluent Treatment businesses in June 2017.<br /> L&amp;T Construction has won orders valued Rs 2,231 crore across its Building &amp; Factories Business, Power Transmission &amp; Distribution Business and Water &amp; Effluent Treatment Business in June 2017.<br /> L&amp;T Construction has won a US$ 817 million (Rs 5,250 crore) order from KAHRAMAA, Qatar in April 2017.<br /> L&amp;T Construction has won orders valued at Rs 1,725 crore across its Transportation Infrastructure Business and Heavy Civil Infrastructure Business in March 2017.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Afcons Infrastructure</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1959<br /> <span style="font-weight: bold;">At the helm:</span> Shapoor Pallonji Mistry, Chairman; K Subrahmanian, Vice Chairman &amp; Managing Director<br /> <span style="font-weight: bold;">Operational in</span>: Marine works; bridges, flyovers, viaducts; roads; LNG tanks; elevated and underground metro; tunnels and hydro works; general civil engineering and industrial structures<br /> <span style="font-weight: bold;">In the news for</span>: <br /> Part of the Shapoorji Pallonji Group, Afcons Infrastructure has recently executed 126 km of the 302-km, six-lane Agra-Lucknow Expressway on an EPC basis. This involved two packages - Firozabad to Etawah (Package II) and Kannauj to Unnao (Package IV) -comprising almost 42 per cent of the total project length. Both packages were completed ahead of time.<br /> The company was selected by MoRTH for the Setu rehabilitation project in JV with Sibmost, which is estimated to be completed in 2020.<br /> L&amp;T and Afcons bagged a Rs 1,675-crore order from Ahmedabad Metro.<br /> Around eight bidders, including Afcons Infrastructure, have qualified for construction of the Rs 46,000-crore Nagpur-Mumbai Expressway, dubbed the 'prosperity corridor'. <br /> Afcons has emerged as the lowest bidder for the Nagpur Metro project.<br /> Afcons constructed India's first twin underwater Metro tunnels under river Hooghly, in Kolkata, for the East-West Metro project.<br /> The company recently received the distinction of the fastest underground Metro tunneling for Chennai Metro Rail (CMRL) in Chennai.</p> <p> <span style="font-size: 12pt; font-weight: bold;">Dilip Buildcon</span><br /> <span style="font-weight: bold;">Year of establishment</span>: 1987<br /> <span style="font-weight: bold;">At the helm</span>: Dilip Suryavanshi, Chairman &amp; Managing Director; Devendra Jain, Executive Director &amp; CEO<br /> <span style="font-weight: bold;">Operational in:</span> Roads and highways; irrigation; urban development; mining In the news for: <br /> Dilip Buildcon announced the sale of 24 road assets of a total project value of Rs 10,500 crore to Mumbai-based Shrem Group to bring down its debt and for future expansion.<br /> The company has registered around 60 per cent growth in revenue to Rs 1,664 crore in the first quarter of the current fiscal, primarily led by higher execution of projects in hand. <br /> In FY17, the company earned an early completion bonus of Rs 106.05 crore, which was nearly 2 per cent of its consolidated revenue of Rs 5,319 crore.<br /> The company has bagged seven road projects worth Rs 4354.30 crore in Maharashtra in FY2016-17. </p> <p> <span style="font-weight: bold;">NBCC</span><br /> <span style="font-weight: bold;">Year of establishment: </span>1960<br /> <span style="font-weight: bold;">At the helm:</span> Dr Anoop Kumar Mittal, Chairman &amp; Managing Director <br /> <span style="font-weight: bold;">Operational in: </span>Project management consultancy; real-estate development; EPC contracting<br /> In the news for: <br /> NBCC has signed an agreement with the Ministry of Health &amp; Family Welfare to plan, design and construct the expansion of the Sports Injury Centre in New Delhi, amounting to about Rs 464 crore, this year.<br /> The company has signed a MoU with the Ministry of Railways for the redevelopment of 10 railway stations.<br /> NBCC will help develop a social housing project and construct a new Supreme Court building in Mauritius; together, these projects are estimated to cost $50 million. <br /> The Central Excise Department has issued an LoI in favour of NBCC for a redevelopment project at Wadala, Maharashtra valued at Rs 3,200 crore.<br /> The company acting as project management consultant for two projects, has successfully awarded works for: The redevelopment of ITPO Complex into an integrated exhibition-cum-convention centre in New Delhi; and canal work, including cross-drainage structures and design, for Gosikhurd National Project in Maharashtra.<br /> The company has signed an agreement for joint participation in upcoming infrastructure and energy development projects in India and the Republic of Belarus.<br /> NBCC is targeting new orders worth Rs 25,000 crore this financial year.</p> <p> <span style="font-weight: bold; font-size: 12pt;">NCC</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1978<br /> <span style="font-weight: bold;">At the helm:</span> Hemant M Nerurkar, Chairman; Amit Dixit, Director; Neeraj Mohan, Director; <br /> Utpal Hemendra Sheth, Director; NR Alluri, Director<br /> <span style="font-weight: bold;">Operational in</span>: Buildings and housing; roads; electrical; water and environment; railways; power; metal; irrigation; mining<br /> In the news for: <br /> NCC has bagged the construction contract for the 10.75-km Pune Metro: A Rs 499-crore bid for the construction of elevated metro rail viaducts; and for the design and construction of an elevated viaduct on corridor two of the project worth Rs 350 crore. <br /> The company undertook the development of the Etawah to Kannauj (115.500 km to 172.500 km) <br /> Package-III for the Agra-Lucknow Expressway on an EPC basis at Rs 1,731.22 crore. The company will attain order inflows worth Rs 12,000 crore in FY18; it also aims to maintain 9 per cent EBITDA margin guidance for FY18.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Simplex Infrastructures</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1924<br /> <span style="font-weight: bold;">At the helm:</span> Rajiv Mundhra, Executive Chairman; Amitabh Mundhra, Director <br /> <span style="font-weight: bold;">Operational in: </span>Transport; energy and power; mining; buildings; marine sector; real estate<br /> <span style="font-weight: bold;">In the news for: </span><br /> Simplex Infrastructures emerged as the lowest bidder for the 7.501-km Gottigere-Swagath Road Cross section of Bangalore Metro's 21.42-km Gottigere-Nagawara Line-4.<br /> The company launched construction work on the 3.031-km Hessaraghata Cross (erst. Nagasandra)-BIEC extension of Bangalore Metro's 24.20-km Green Line. <br /> It won a contract for packages of the 16.5-km Mumbai Metro-7 corridor.<br /> Net profit rose 67.03 per cent to Rs 28.73 crore in the quarter ended June 2017 as against Rs 17.20 crore during the previous quarter ended June 2016. <br /> Sales rose 7.42 per cent to Rs 1,511.89 crore in the quarter ended June 2017 as against Rs 1407.44 crore during the previous quarter ended June 2016.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Tata Projects</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1979<br /> <span style="font-weight: bold;">At the helm:</span> Sowmyan Ramakrishnan, Chairman; Vinayak K Deshpande, Managing Director.<br /> <span style="font-weight: bold;">Operational in:</span> The company has expertise in executing large and complex industrial and urban infrastructure projects. It operates through its business units - EPC, transmission and distribution, transportation, construction and environment, urban infrastructure and quality services. The company provides turnkey end-to-end solutions to set up power generation plants, power transmission and distribution systems, fully integrated rail and metro systems, commercial buildings and airports, chemical process plants, water and wastewater management solutions, complete mining and metal purification systems.<br /> In the news for: <br /> Is L1 in 2 packages of Mumbai Trans Harbour Link Project.<br /> <span style="font-weight: bold;">Mumbai Metro: </span>Tata Projects JV has been mandated for the design and construction of three underground stations and 6 km of associated tunnels in Mumbai Metro Line 3, Package IV.<br /> Tata Projects has completed the Lucknow Secretariat to Hazratgunj underground tunnel boring work for the Lucknow Metro Rail Corporation in five months.<br /> Delhi Metro Phase 3 -has executed 9 km of section - Delhi to Ghaziabad.<br /> Tata Projects completed the construction of the FIAT Rail Bogie Factory in Yadgir district for Rail Vikas Nigam.<br /> The Rs 1,676-crore Dravyavati river project work has been awarded to Tata Projects and Shanghai Urban Construction Group consortium to develop the riverside area. Project under execution - will finish in record time. <br /> For winning IIT Jodhpur, Medanta Hospital, and several building projects.<br /> For winning transmission lines worth Rs 2,000 crore.<br /> For planned execution of Eastern and Western Freight Corridor project.<br /> For winning NTPC Ramagundam (2 x 800 MW ) BOP - power project.<br /> A Rs 375-crore proposed sewer line project for Ujjain has been awarded to the company.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Nominees for the Fastest Growing Construction Companies -Medium Category<br /> </span></p> <p><span style="font-weight: bold; font-size: 12pt;">Ashoka Buildcon</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1976<br /> <span style="font-weight: bold;">At the helm:</span> Ashok Katariya, Chairman; Satish Parakh , Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> Infrastructure projects on PPP and EPC models; highways operation and maintenance; <br /> power distribution (EPC); highway research<br /> In the news for: <br /> Ashoka Buildcon has bagged a Rs 117-crore power project in Bihar.<br /> The company has bagged a Rs 282.73-crore project from Jharkhand Bijli Vitran Nigam for urban electrification works in Jharkhand. <br /> Ashoka Buildcon achieved financial closure and appointment date for the 4/6 laning of the Kharar to Ludhiana section of NH-95 (new NH-05) from Kharar in Punjab on HAM.<br /> The company's subsidiary has emerged as the lowest bidder for a Rs 1,187.10-crore road project for six-laning of Ranastalam to Anandpuram in Visakhapatnam, Andhra Pradesh.<br /> The company's growth rate is driven by its strong order book of Rs 6,400 crore.<br /> It is eyeing both HAM and EPC projects worth Rs 5,000 crore in FY2018.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Gayatri Projects</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1989 <br /> <span style="font-weight: bold;">At the helm:</span> T Indira Subbarami Reddy, Promoter and Non-Executive Chairperson; TV Sandeep Kumar Reddy, Promoter and Managing Director<br /> Operational in: Infrastructure; construction; irrigation; roads; energy In the news for: <br /> Gayatri Projects has bagged a Rs 1,363-crore irrigation contract from Karnataka Neeravari Nigama. <br /> The company recently completed the construction of a 1,320-MW thermal power plant in Andhra Pradesh; its overall power portfolio now aggregates at 2,640 MW.<br /> It has completed the construction of its second 660-MW thermal power plant via a JV with Sembcorp Gayatri Power in Andhra Pradesh.<br /> Gayatri Projects has posted a net profit of Rs 32.23 crore for Q4FY2017 against a net profit of Rs 28.50 crore in the corresponding quarter last year on a standalone basis.</p> <p> <span style="font-weight: bold; font-size: 12pt;">GR Infraprojects</span><span style="font-weight: bold;"><br /> Year of establishment</span>: 1995<br /> <span style="font-weight: bold;">At the helm:</span> Vinod Kumar Agarwal, Managing Director.<br /> <span style="font-weight: bold;">Operational in: </span>Road EPC projects; highways; bridges; culverts; flyovers; airport runways.<br /> In the news for: <br /> Order book of GR Infraprojects stands at Rs 76,353.6 million as on June 30, 2017.<br /> The company has been awarded a total bonus of Rs 561 million for all the projects.<br /> GR Infraprojects has bagged the Handia-Varanasi road project in Uttar Pradesh for a contract value of Rs 2,447 crore.<br /> NHAI has awarded a Rs 1,444-crore Punjab contract to GR Infraprojects.<br /> GR Infraprojects has bagged two new projects in Maharashtra for a combined contract value of Rs 667.84 crore.</p> <p> <span style="font-weight: bold; font-size: 12pt;">KNR Constructions</span><br /> <span style="font-weight: bold;">Year of establishment: </span>1995<br /> <span style="font-weight: bold;">At the helm:</span> BV Rama Rao, Non Executive and Independent Chairman; K Narasimha Reddy, <br /> Managing Director; K Jalandhar Reddy, Executive Director and CFO<br /> <span style="font-weight: bold;">Operational in:</span> Expressways, highways, roads, flyovers, bridges and viaducts, irrigation projects, <br /> urban development In the news for: <br /> The order book of KNR Constructions stands at around two and half times its annual FY17 revenue.<br /> The company has virtually negligible debt and execution capacities at par excellence. <br /> Featured in 'The Fortune India Next 500: India's Top Midsize Companies' list released in July 2017 and ranked 248 in terms of revenues and 82 in terms of profits (based on FY2016).<br /> The company's standalone revenue for Q1FY18 came in at Rs 480.8 crore, registering a 59 per cent quarter-on-quarter increase.</p> <p><span style="font-size: 12pt; font-weight: bold;">Montecarlo</span><br /> <span style="font-weight: bold;">Year of establishment:</span> 1995<br /> <span style="font-weight: bold;">At the helm:</span> Kanubhai Patel, Chairman &amp; Managing Director; Brijesh Patel, Joint Managing Director; <br /> Mrunal Patel, Joint Managing Director<br /> <span style="font-weight: bold;">Sectors it operates in: </span>Transport (roads and railways), mining, water and irrigation, energy, building and factories.<br /> In the news for:<br /> In FY2016-17, Montecarlo's revenue stood at Rs 1,958.27 crore with a PAT margin of about 6 per cent; transport contributes almost 45-50 per cent of its overall revenue as well as the order book.<br /> The company recently bagged two HAM projects worth Rs 2,600 crore - a 100 km project in Odisha and a 60 km six-lane project in Karnataka - work on which is expected to commence by December this year.<br /> It is currently executing a Rs 4,229 crore mine developer and operator (MDO) project in West Bengal, work on which is expected to start next year.<br /> Montecarlo has also recently restructured its business to clear its shareholding structure; it is looking at launching an IPO next year.<br /> The company's fleet of construction equipment owned is more than 1,200. It has around Rs 432 crore total of gross block, of which Rs 210 crore is for plant and machinery.<br /> Of its several ongoing projects, the company is executing 13 projects in transportation, five in mining, two in power, one in water and eight in the building segment. MCL is currently operating into 15 states across India.</p> <p> <span style="font-weight: bold; font-size: 12pt;">PNC Infratech<br /> Year of establishment:</span> 1999<br /> <span style="font-weight: bold;">At the helm:</span> Pradeep Kumar Jain, Chairman and Managing Director; Yogesh Kumar Jain, Managing Director<br /> <span style="font-weight: bold;">Operational in: </span>Airport runways, highways, bridges, flyovers, power transmission lines and industrial area redevelopment.<br /> In the news for:<br /> PNC Infratech executed the first section (Package-I) of Agra-Lucknow Expressway (Agra to Firozabad) comprising 56 km of a six-lane expressway with eight-lane structures.<br /> The company has recently been awarded three national highway projects by NHAI on hybrid annuity model for an aggregate bid project cost of Rs 4,154 crore in Uttar Pradesh, Madhya Pradesh and Karnataka.<br /> The company is currently executing 17 EPC projects including 14 highway, two airport runway and one power transmission project. <br /> The company through its various subsidiaries and associate company, is currently operating seven BOT and OMT projects.</p> <p><span style="font-weight: bold; font-size: 12pt;">Sunil Hitech Engineers</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1998<br /> <span style="font-weight: bold;">At the helm:</span> Sunil Gutte, Chairman &amp; Managing Director; Sudhamati Ratnakar Gutte, Non-Executive Director; Vijay Gutte, Whole Time Director; C Venkataramana, Whole Time Director<br /> <span style="font-weight: bold;">Operational in: </span>Solar energy, roads, urban infrastructure, power projects, solid waste management, landfill management and renewable power generation, sewage and wastewater treatment, recycle and reuse water treatment management and sea water desalination<br /> In the news for: <br /> Sunil Hitech Engineers has bagged four road projects worth Rs 936 crore - three in Maharashtra and one in Jharkhand - on EPC basis in April this year.<br /> The company has won a Rs 982 crore highway project in Maharashtra from NHAI for constructing and widening the existing two-lane Bodhre-Dhule road section of NH-211 to four or six-lane on Hybrid Annuity Model (HAM); the construction of this 67.2 km road includes six underpasses, 26 minor bridges, two new bypasses, two ROBs and six underpasses.<br /> The company's standalone revenue for Q1FY18 stood at Rs 548.3 crore, registering 23.5 per cent YoY increase, primarily driven by rise in revenue from project segments by 24 per cent YoY.</p> <p> <span style="font-size: 12pt; font-weight: bold;">Nominees for the Fastest Growing Construction Companies - Small Category<br /> Ahluwalia Contracts (India)</span><br /> <span style="font-weight: bold;">Year of establishment: </span>1965<br /> <span style="font-weight: bold;">At the helm:</span> Bikramjit Ahluwalia, Promoter &amp; Founder Chairman &amp; Managing Director Operational in: Construction of high-end hotel projects, large institutional buildings, corporate office complexes, industrial complex buildings, multi-storeyed housing complexes and township development projects, hospitals, medical colleges and laboratory buildings, educational and technical institutes, schools and auditoriums, gymnasiums and sport complexes, etc.<br /> In the news for: <br /> The standalone revenue of Ahluwalia Contracts for Q1FY18 came in at Rs 504 crore, registering a 64.6 per cent YoY increase, and standalone net profit rose 35.3 per cent YoY.</p> <p> <span style="font-weight: bold; font-size: 12pt;">J Kumar Infraprojects</span><span style="font-weight: bold;"><br /> Year of establishment: 1980<br /> At the helm:</span> Jagdishkumar M Gupta, Chairman &amp; Managing Director Sectors it operates in: Road works; irrigation; housing; bridges In the news for: <br /> J Kumar Infraprojects bagged contracts - along with seven other companies - for Mumbai Metro's two elevated corridors: Metro Line 2B and Metro Line 4.<br /> The company has a strong growth visibility from executing its backlog; its big backlog (6.5 times its sales in FY2016-17) is expected to lead to a CAGR of 23 per cent over the next four financial years.<br /> It has a diversified presence beyond roads, building flyovers, skywalks and parts of the Mumbai metro project.</p> <p> <span style="font-weight: bold; font-size: 12pt;">Man Infraconstruction</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1964<br /> At the helm: Parag K Shah, Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> Residential, commercial, institutional and industrial spacesIn the news for: <br /> Man Infra's current order book is at Rs 710 crore, expected to be completed in one-and-a-half years.<br /> The company has bid for orders worth Rs 2,000 crore.<br /> Man Infra's subsidiary received an order worth Rs 756 crore from Port of Singapore Authority for executing port works for Terminal 4, JNPT.<br /> Man Infra has completed four residential projects till date; delivered all before the scheduled delivery date.<br /> Man Infra's SPV MICL Realty LLP launched Phase-1 of the MHADA land redevelopment project in Mumbai; sold 60 per cent inventory.</p> <p> <span style="font-weight: bold; font-size: 12pt;">RPP Infra Projects</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1988<br /> <span style="font-weight: bold;">At the helm:</span> RP Arulsundaram, Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> Roads, buildings, industrial structures, power, irrigation</p> <p>In the news for: The company has bagged an order worth Rs 51.2 crore from Tamil Nadu Civil Supplies Corporation for construction of a scientific storage godown of 40,000-mt capacity in the TNCSC campus in Nagapattinam district.<br /> RPP Infra and Siemens won an order from PGCM to design, supply, erect, test and commission 230-kv and 132-kv substations on a turnkey basis.<br /> The company bagged orders worth Rs 507 million involving the construction of 192 police quarters in Kolar and Mysore.<br /> The company has an order book of around Rs 850 crore. <br /> It has bagged an order worth about Rs 330 million from the Transmission Corporation of Telangana (TSTRANSCO).<br /> <br /> <span style="font-weight: bold; font-size: 12pt;"> Welspun Projects</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1985<br /> <span style="font-weight: bold;">At the helm:</span> BK Goenka, Chairman; Lalit Naik, Managing Director and CEO; Sandeep Garg, Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> EPC projects across roads, water and industrial structures; some projects through PPP <br /> In the news for: <br /> Welspun Enterprises bagged a Rs 1,161-crore project from NHAI for the six-laning of the Aunta-Simaria section of NH-31 in Bihar on HAM.<br /> The company will acquire a 49 per cent stake in two road projects of NHAI from MBL Infrastructures for Rs 23 crore.<br /> It has submitted a proposal to Madhya Pradesh State Industrial Development Corporation to restructure the Dewas Industrial Water Supply Project.<br /> </p> <p><span style="font-weight: bold; font-size: 12pt;">GHV India</span><span style="font-weight: bold;"><br /> Year of establishment:</span> 1965<br /> <span style="font-weight: bold;">At the helm: </span>Jahid Vijapura, Managing Director<br /> <span style="font-weight: bold;">Operational in:</span> Roads, bridges, dams and irrigation, hospitality<br /> In the news for: <br /> GHV India has completed the widening and reconstruction of roads under Madhya Pradesh District Connectivity Sector Project (MPDCSP)- Package No. Q for Madhya Pradesh Road Development Corporation.<br /> The company completed the upgrade of the road from Ponkunnam (84+000 km) to Thodupuzha (130+363 km) including the Thodupuzha Bypass of SH-8 for the Kerala State Transport Project.<br /> It has completed the four-laning of Khed-Sinnar Section NH-50 from 42 km to 177 km (Design Length 137.946 km) under Phase IV B Maharashtra for IL&amp;FS Transportation Networks.<br /> The company has projects worth Rs 4,204.10 crore at various levels of development.</p>

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