L&T achieves financial closure for its Maha road projects
ROADS & HIGHWAYS

L&T achieves financial closure for its Maha road projects

For two of its road projects in Maharashtra, L&T Infrastructure Development Projects (L&T IDPL), a subsidiary of Larsen & Toubro Ltd, and one of the pioneers in infrastructure development in India, has achieved financial closure on November 30.

The projects will be funded by an ICICI Bank-led consortium and the turnkey 'Engineering Procurement Construction (EPC)' contracts. The projects involve development (four laning) of contiguous stretches on NH-6 - Amravati to Jalgaon and Jalgaon to the Gujarat / Maharashtra border.

The length of these stretches on NH-6 are approximately 275 km and 209 km respectively, with the concession period for the projects being 19 years and 20 years respectively, including the construction period of 2.5 years. These are among the longest road projects in the country, bid out on Design, Build, Finance, Operate, Transfer (DBFOT) basis.

NHAI's estimate of the project costs are Rs 2,537.81 crore for the Amravati-Jalgaon stretch and Rs 1,968.37 crore for the Jalgaon to Gujarat / Maharashtra border stretch. Both are part of the East-West connector, linking hubs of economic activity in Gujarat and Maharashtra to the mineral-rich states of Orissa and Chattisgarh.

L&T IDPL has one of the largest project portfolios in the roads sector in India comprising approximately 9,200 lane km with a project cost of Rs 22,000 crore. L&T IDPL's portfolio of road projects includes some of the most economically significant and high-traffic corridors connecting important industrial towns in India.

For two of its road projects in Maharashtra, L&T Infrastructure Development Projects (L&T IDPL), a subsidiary of Larsen & Toubro Ltd, and one of the pioneers in infrastructure development in India, has achieved financial closure on November 30. The projects will be funded by an ICICI Bank-led consortium and the turnkey 'Engineering Procurement Construction (EPC)' contracts. The projects involve development (four laning) of contiguous stretches on NH-6 - Amravati to Jalgaon and Jalgaon to the Gujarat / Maharashtra border. The length of these stretches on NH-6 are approximately 275 km and 209 km respectively, with the concession period for the projects being 19 years and 20 years respectively, including the construction period of 2.5 years. These are among the longest road projects in the country, bid out on Design, Build, Finance, Operate, Transfer (DBFOT) basis. NHAI's estimate of the project costs are Rs 2,537.81 crore for the Amravati-Jalgaon stretch and Rs 1,968.37 crore for the Jalgaon to Gujarat / Maharashtra border stretch. Both are part of the East-West connector, linking hubs of economic activity in Gujarat and Maharashtra to the mineral-rich states of Orissa and Chattisgarh. L&T IDPL has one of the largest project portfolios in the roads sector in India comprising approximately 9,200 lane km with a project cost of Rs 22,000 crore. L&T IDPL's portfolio of road projects includes some of the most economically significant and high-traffic corridors connecting important industrial towns in India.

Next Story
Real Estate

Swamiraj Rebrands as House of Swamiraj, Announces Rs 210 Cr Project

In a strategic shift marking its evolution from a reputed builder to a lifestyle-focused brand, Swamiraj Constructions has rebranded as House of Swamiraj. With a two-decade legacy and over 1,700 homes delivered across the Mumbai Metropolitan Region (MMR), the company is embracing a new phase centred on community-driven, wellness-oriented living. The rebranding was unveiled via a digital campaign titled #BeyondDimensions, executed in three phases—teaser, engagement, and launch. The campaign spotlighted the brand’s renewed commitment to designing homes that go beyond function to foster ..

Next Story
Resources

Morpho Dimensions Set to Cross Rs 1 billion Revenue in FY 25–26

Morpho Dimensions, a venture of acclaimed architecture and design firm Morphogenesis, is transforming India’s office interiors landscape with a technology-first, design-led approach. With a secured orderbook of Rs 700 million and additional projects in the pipeline, the firm is confidently on track to cross Rs 1 billion in revenue in FY 2025–26. By combining Artificial Intelligence (AI), Building Information Modelling (BIM), and Virtual Reality (VR), Morpho Dimensions enables clients to visualise and step into immersive, ready-to-operate workspaces within 90 days—ushering in a new bench..

Next Story
Real Estate

TOTO’s NEOREST Surpasses 4 Million Global Shipments

TOTO has announced that its flagship smart toilet, NEOREST, has surpassed 4 million global shipments as of March 2025, marking a major milestone in the evolution of luxury sanitation and setting a new global benchmark in design-led hygiene innovation. Launched in 1993 with the aim to redefine conventional toilets, NEOREST has consistently merged cutting-edge technology with minimalist design. Over three decades, it has become a category-defining product, earning global acclaim with prestigious honours including the iF Design Award, Red Dot, and Green Good Design Awards. The integrate..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?