+
APCO Infra bags Rs 23.78-billion Z-morh tunnel in J&K
Technology

APCO Infra bags Rs 23.78-billion Z-morh tunnel in J&K

Photo: For representational purpose

Gurugram-based construction firm APCO Infratech has reportedly bagged the contract for construction of the 6.5-km-long Z-morh tunnel in Jammu and Kashmir. The project is expected to provide all-weather connectivity between Srinagar and Kargil.

The Rs 23.78-billion project was initially awarded to IL&FS and has reportedly been stalled since July 2018. In June this year, state-run National Highways & Infrastructure Development Corporation (NHIDCL) had terminated IL&FS’ contract and invited fresh bids for the Z-morh tunnel project, as a step to restart work on this under-construction project. 

As reported, the Z-morh tunnel is being constructed on the build-operate-transfer (BOT) model. ILFS, the earlier contractor, has reportedly completed about 30 per cent of the construction work. Work on the remaining part of the tunnel is expected to be completed in about three-and-a-half years from the date of the contract award.

APCO Infratech reportedly emerged as the lowest bidder for this project – quoting the annuity amount of Rs 2.96 billion – amid other firms such as NCC, Ashoka Concessions and Chetak Enterprises that had submitted bids for the NHIDCL project.

https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/apco-infra-bags-rs-2378cr-tunnel-project-in-jk/articleshow/70941189.cms 

Photo: For representational purposeGurugram-based construction firm APCO Infratech has reportedly bagged the contract for construction of the 6.5-km-long Z-morh tunnel in Jammu and Kashmir. The project is expected to provide all-weather connectivity between Srinagar and Kargil.The Rs 23.78-billion project was initially awarded to IL&FS and has reportedly been stalled since July 2018. In June this year, state-run National Highways & Infrastructure Development Corporation (NHIDCL) had terminated IL&FS’ contract and invited fresh bids for the Z-morh tunnel project, as a step to restart work on this under-construction project. As reported, the Z-morh tunnel is being constructed on the build-operate-transfer (BOT) model. ILFS, the earlier contractor, has reportedly completed about 30 per cent of the construction work. Work on the remaining part of the tunnel is expected to be completed in about three-and-a-half years from the date of the contract award.APCO Infratech reportedly emerged as the lowest bidder for this project – quoting the annuity amount of Rs 2.96 billion – amid other firms such as NCC, Ashoka Concessions and Chetak Enterprises that had submitted bids for the NHIDCL project.https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/apco-infra-bags-rs-2378cr-tunnel-project-in-jk/articleshow/70941189.cms 

Next Story
Infrastructure Transport

Railways Opens First Section of Bullet Train Tunnel in Maharashtra

The Mumbai–Ahmedabad bullet train project has achieved a key milestone with the opening of the first section of a 21-km undersea tunnel between Ghansoli and Shilphata in Maharashtra. The high-speed rail corridor, powered entirely by Japanese Shinkansen technology, has seen 310 km of viaducts completed, alongside rapid progress in track laying, electrical works, and station construction. Five of the 12 stations are complete, with three more nearing completion. The BKC station, located 32.5 metres underground, is designed to support a 95-metre structure above. The next-generation E10 Shin..

Next Story
Infrastructure Urban

Mahindra, Osaka Ink Pact to Boost Japanese Investment

Mahindra Industrial Park Chennai (MIPCL), along with its Japanese stakeholder Sumitomo Corporation, has signed a strategic cooperation agreement with the Osaka Prefecture and Osaka Industrial Development Bureau to support Osaka-based businesses entering India.The partnership aims to streamline entry for Japanese manufacturers, providing support such as business visits, regulatory guidance, and market insights. MIPCL and Sumitomo will act as local facilitators, while Osaka authorities will identify and recommend companies for expansion.With India’s projected GDP growth of 6.3 per cent in FY25..

Next Story
Building Material

Govt Plans Mandatory Public Procurement of Green Steel

The Ministry of Steel is working on modalities to mandate public procurement of green steel, as part of its efforts to decarbonise the industry. A Rs 150 billion Green Steel Mission is being formulated to support emission reduction and move towards net-zero targets.The mission will include a PLI scheme, incentives for renewable energy use, and mandates for government agencies to buy green steel. Green steel is produced with significantly lower carbon emissions compared to conventional methods.Speaking at the India Steel Conclave 2025, a senior official said procurement mandates are under consi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?